Govt secures P31B in samurai bonds

By Mayvelin U. Caraballo

Apr 14, 2022 12:20 am

THE national government has issued a samurai bond to generate 70.1 billion yen (about $600 million or P31 billion), which would be used to fund its environmental, social and governance (ESG) efforts.

With the sale of five-year, seven-year, 10-year and 20-year yen-denominated sustainability bonds, the national government successfully tapped the Japanese market for the first time this year, the Bureau of the Treasury (BTr) reported in a statement on Wednesday.

The Bureau of Treasury building in Intramuros, Manila. TMT FILE PHOTO

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