{"id":8584,"date":"2016-10-15T10:00:26","date_gmt":"2016-10-15T02:00:26","guid":{"rendered":"http:\/\/primer.com.ph\/blog\/?p=8584"},"modified":"2016-10-14T19:26:01","modified_gmt":"2016-10-14T11:26:01","slug":"ph-cited-as-best-in-debt-management-by-two-top-financial-magazines","status":"publish","type":"post","link":"https:\/\/primer.com.ph\/blog\/2016\/10\/15\/ph-cited-as-best-in-debt-management-by-two-top-financial-magazines\/","title":{"rendered":"PH cited as best in debt management by two top financial magazines"},"content":{"rendered":"<p><span style=\"font-size: 12pt\">Top financial magazines Global Finance and Global Market recognized Philippines and economic managers for being the \u201cbest sovereign debt management office\u201d in the East and Asia Pacific.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-8585 aligncenter\" src=\"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2016\/10\/tetangco.jpg\" alt=\"Amando Tetangco, governor of the Bangko Sentral ng Pilipinas (BSP), answers questions during an interview at the BSP headquarters in Manila January 17, 2014. The Philippine central bank is present in the foreign exchange market to curb excessive volatility, although the peso's weakness due to uncertainty over the pace at which the U.S. will cut stimulus is having no major inflation impact, Tetangco said on Friday. REUTERS\/Romeo Ranoco (PHILIPPINES - Tags: BUSINESS POLITICS) - RTX17HWJ\" width=\"531\" height=\"390\" \/><\/p>\n<p style=\"text-align: center\"><em>AMANDO TETANGCO JR. Recognized by Global Finance in Central Bankers Report Cards 2016. Image grabbed from ibtimes.ph<\/em><\/p>\n<p><span style=\"font-size: 12pt\">In an Inquirer report, Global Markets explained why they gave the recognition to the Philippines. \u201cWhen the government of the Philippines announces a non-deal roadshow, investors come to listen. When the sovereign issues debt,\u00a0they buy,\u201d they said.<\/span><\/p>\n<p><span style=\"font-size: 12pt\">Also, Philippines was also said to be able to build up a \u201cformidable reputation\u201d among global investors as a \u201creliable issuer of sovereign bonds.\u201d This has made the country raise capital in the bond market which provides for social security and economic grown enhancement.<\/span><\/p>\n<p><span style=\"font-size: 12pt\">Minister for Economic Affairs at the Philippine Embassy in Washington D.C. Jose Victor V. Chan-Gonzaga received the award on behalf of the Department of Finance.<\/span><\/p>\n<p><span style=\"font-size: 12pt\">On the other hand, prestigious Global Finance magazine gave Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. his eighth Best Central Banker Award. Tetangco is one of the only eight central bankers all over the world who received an \u201cA\u201d grade from Global Finance in Central Bankers Report Cards 2016.<\/span><\/p>\n<p><span style=\"font-size: 12pt\">These cards are published every year which grades from a scale of A to F in areas such as \u201cinflation control, economic growth goals, currency stability, and interest rate management,\u201d as per Inquirer\u2019s report. Global Markets also honoured Secretary of Finance Cesar V. Purisima as Finance Minister of the Year for East Asia and Pacific.<\/span><\/p>\n<p><span style=\"font-size: 12pt\">The Global Finance and Global Markets Awards Ceremonies took place in Annual Meeting of the World Bank Group and the International Monetary Fund in Washington D.C. from October 5 to 9, 2016.<\/span><\/p>\n<p><span style=\"font-size: 12pt\">\u00a0<\/span><\/p>\n<p><em>Source:\u00a0<a href=\"http:\/\/globalnation.inquirer.net\/146608\/financial-magazines-cite-ph-for-savvy-debt-management\" target=\"_blank\">Inquirer.net<\/a>, <a href=\"http:\/\/www.journal.com.ph\/news\/business\/ph-best-in-debt-mgm-t-in-east-asia-pacific\" target=\"_blank\">Journal.com<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Top financial magazines Global Finance and Global Market recognized Philippines and economic managers for being the \u201cbest sovereign debt management office\u201d in the East and Asia Pacific. AMANDO TETANGCO JR. Recognized by Global Finance in Central Bankers Report Cards 2016. Image grabbed from ibtimes.ph In an Inquirer report, Global Markets explained why they gave the recognition to the Philippines. \u201cWhen the government of the Philippines announces a non-deal roadshow, investors come to listen. When the sovereign issues debt,\u00a0they buy,\u201d they said. Also, Philippines was also said to be able to build up a \u201cformidable reputation\u201d among global investors as a \u201creliable issuer of sovereign bonds.\u201d This has made the country [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":8585,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[356],"class_list":["post-8584","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-current-events","tag-global-finance-and-global-market"],"acf":[],"jetpack_featured_media_url":"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2016\/10\/tetangco-e1476444321371.jpg","_links":{"self":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/8584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/comments?post=8584"}],"version-history":[{"count":4,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/8584\/revisions"}],"predecessor-version":[{"id":8649,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/8584\/revisions\/8649"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media\/8585"}],"wp:attachment":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media?parent=8584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/categories?post=8584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/tags?post=8584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}