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Across the Philippines themselves, activity reaches a minimum in February, before increasing steadily through June, and spiking from July through October, with September being the most active month for tropical cyclones across the archipelago.
That compares with 6.2 billion euros for all of August and 65.5 billion euros in January, the most active month for bond issues this year.
Although August was a very active month, there were only two named storms in September, both of which became hurricanes.
In contrast, August was an active month, with five tropical cyclones forming, three of which became hurricanes.
September was the most active month, coinciding with the climatological peak of the season.
August was an unusually active month, with eight named storms, including Alex.
Similar(32)
For the purposes of this study, each calendar year was broken into pre-season (February through April), active season (May through October), and postseason (November through January).
Following an active October, no tropical cyclogenesis occurred in the final month of the season, which is November.
Following an active October, no tropical cyclogenesis occurred in November, which is the final month of the season.
The far more active December contract lost $27, at $396.20.
The more active December futures contract rose $1.77, or 3.4percentto to $54.41.
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