Income Quotations | Page 2
Income Quotes from:
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Additional Quotes
The creation of large liquid benchmarks will improve the trading turnover in the secondary market as this is expected to, among others, reduce the bid-offer spreads on bond prices. Participants will be able to get in or out of the benchmark issues more easily, making trading in Philippine bonds comparable to those in other emerging markets. This will be highly attractive to foreign investors in the market and bring additional business opportunities to the local financial community. This effort will complement earlier initiatives in capital market development, including the creation of the Fixed Income Exchange.
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Allowing Quotes
The fact is, however, that everyone in the sport wants to see more international cricket than this bare minimum. International matches raise essential revenue for the boards, provide significant income for the players and excitement for supporters. One of the main reasons the original FTP was introduced was to ensure regular cricket for all Full Members, many of whom had never previously had any certainty in their forward planning. What this new FTP does is maintain the guarantee of a regular schedule while allowing members to modify their program to meet specific requirements they may have.