Govt raises $2.25B in global bonds

By Mayvelin U. Caraballo

Mar 23, 2022 12:35 am

THE government raised $2.25 billion (about P118 billion) through its most recent dollar bond (RTB) issuance, which would be utilized to support the national budget and the country's Sustainable Finance Framework.

The national government successfully tapped the foreign capital markets for the first time this year, the Bureau of the Treasury (BTr) announced in a statement on Tuesday, with its selling of triple tranche five-year, 10.5-year and 25-year global bonds.

The Bureau of the Treasury (BTr) announced in a statement on Tuesday, with its selling of triple tranche five-year, 10.5-year and 25-year global bonds. TMT FILE PHOTO

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