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    QONEQT in Philippines

    05-Sep-2022 11:16 AM


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    Philippines raises US$7.4 billion via retail treasury bond issue

    MANILA: The Philippines has raised 420.45 billion pesos (US$7.39 billion) from a retail treasury bond offering that ended on Sep 2, National Treasurer Rosalia de Leon said on Monday (Sep 5).

    The peso-denominated retail bonds due in 2028, which pay a coupon of 5.75 per cent, were the first such issue under the administration of President Ferdinand Marcos Jr. It included a swap offer for holders of existing notes maturing this year and in 2023.
    Source: CNA
    #Philippines