'Blockbuster' bond sale raises $3B

By Eireene Jairee Gomez

Jan 11, 2023 12:36 am

Reception reaffirms 'Philippine credit as favored proposition' – de Leon

THE Marcos government raised a total of $3 billion from its second foray into the global bond market, the Bureau of Treasury (BTr) announced on Tuesday.

The offering of at least $500 million in dollar-denominated bonds with tenors of 5.5, 10.5 and 25 years received a 'blockbuster reception and tight pricing,' the Treasury said in a statement.

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Reception reaffirms 'Philippine credit as favored proposition' – de Leon

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