EconomyForex

Philippines eyes at least P30 billion via new retail bond offer

1 Mins read
BW FILE PHOTO

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.

The offer includes a swap option for holders of some bonds maturing this year, it said in a notice on its website.

The public offer period runs from Feb. 7 until Feb. 17.

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.

The 5.5-year bonds will be available to retail investors at a minimum amount of 5,000 pesos. – Reuters

Related posts
EconomyForex

‘Game-Changing Insights’: Dealers’ Business Forum ignites passion and purpose among partners

2 Mins read
By Jay Ann Bonghanoy It wasn’t just another seminar. For many dealers in the room, it marked a real turning point. On…
EconomyForex

‘Game-Changing Insights’: Dealers’ Business Forum ignites passion and purpose among partners

2 Mins read
By Jay Ann Bonghanoy It wasn’t just another seminar. For many dealers in the room, it marked a real turning point. On…
EconomyForex

Gov’t ready to extend fuel subsidies

4 Mins read
By Chloe Mari A. Hufana and Sheldeen Joy Talavera, Reporters PRESIDENT Ferdinand R. Marcos, Jr. on Wednesday said that fuel subsidies may…
Power your team with InHype
[mc4wp_form id="17"]

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *