Philippines eyes at least P30 billion via new retail bond offer - BusinessWorld Online

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Philippines eyes at least P30 billion via new retail bond offer - BusinessWorld Online
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The Philippines will launch next week an offer of peso-denominated retail bonds due 2028, seeking to raise P30 billion ($556.79 million) initially at a rate-setting auction on Feb. 7, the Bureau of the Treasury said. READ:

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THE PHILIPPINES will launch next week an offer of peso-denominated retail bonds due 2028, seeking to raise P30 billion initially at a rate-setting auction on Feb. 7, the Bureau of the Treasury said. The offer includes a swap option for holders of some bonds maturing this year, it said in a notice on its website.The government last offered peso retail bonds in September, raising P420.45 billion pesos, the first such issue under the administration of President Ferdinand R. Marcos, Jr.Reuters

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