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EastWest Bank Lists the Final Tranche of its PhP 10 Billion LTNCTDS on PDEx
Posted on: August 31, 2017
31 August 2017, Makati Philippines – EastWest (EW) Bank listed its PhP 2,630,730,000 Long-Term Negotiable Certificates of Time Deposit (LTNCTD) Due 2022 on the PDEx organized secondary market – the fifth and final tranche following its first issue of PhP 2.70393 Billion and additional PhP 995.200 Million, PhP 2.5918 Billion, and PhP 1.07834 BIllion worth of LTNCTDs. Today’s issued volume brings the total outstanding listed amount of the EW LTNCTDs Due 2022 to PhP 10 Billion.
EastWest Bank Assistant Vice President Cherry Ann Vanessa Kimpo led the ringing of the ceremonial bell to herald the start of trading of the additional EW LTNCTD Due 2022 in the PDEx bourse.
The year-to-date total of new listings in PDEx has reached PhP 157.15 Billion, bringing the total level of tradable corporate debt instruments to PhP 755.70 Billion listed by 44 companies with 126 securities. #