Debt swap

Lucio Tan launches $ 505 million lifeline to PAL

Lucio Tan —PHOTO FILE Billionaire Lucio Tan has launched another lifeline for Philippine Airlines (PAL) – which will also strengthen its hold over its publicly traded parent company, PAL Holdings Inc. – with a new injection of capital to keep the national carrier in business. financial difficulty in flight. PAL …

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TREASURY-US Mixed returns before 2-year note offer

Band Gertrude Chavez-Dreyfuss NEW YORK, October 26 (Reuters) – U.S. Treasury yields were mixed on Tuesday in low volume, with those on the long end of the curve falling for a third straight session as investors looked to next week’s Federal Reserve meeting for clues on the timing of its …

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Is it time to bet on variable rate funds?

Many mutual fund advisors and investors rely heavily on floating funds or variable rate mutual funds. Advisors believe that these plans are better positioned to take advantage of the likely change in the interest rate scenario in the coming months. The recent good performance and outlook for these funds has …

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I can’t have your cake and eat it too

An overestimation of 15% in the calculation of official reserves is not an easy task. The IMF’s findings in this regard are worrying. Prevented is warned, says an old proverb. Reserve asset portfolios have specific characteristics that distinguish them from other foreign currency assets. There are internationally accepted accounting principles, …

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One Heritage Group plc: Annual results for -4-

Maidan’s annual report for the year ended June 30, 2021 saw the net asset value per share of 8.4 pence compared to a listing price of 10 pence on December 23, 2020. This was a consequence of the ongoing spending of the group to develop the activity and unexpected developments. …

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Belize – Rescued from the Dark Valley of Debt

Views : 33 Posted: Sunday, October 17, 2021. 1:44 p.m. CST. The views and opinions expressed in this article are those of the author and not of Breaking Belize News. By Norris Hall: The Briceno administration has been saved for now, out of the dark and deep abyss of the …

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