THE Marcos government raised a total of $2 billion from its first foray into the offshore debt market, the Bureau of the Treasury reported on Thursday.New five- and 10.5-year offerings raised $500 million and $750 million, respectively, while 25-year green bonds accounted for the remaining $750 million.Pricing was set at 5.17 percent, 5.609 percent and 6.1 percent, respectively, for the five-, 10.5- and 25-year papers.'The Republic intends to use the proceeds from the sale...
It said the government 'was able to navigate volatile market conditions and successfully price the global bonds... despite the ongoing weakness in global credit markets amid high inflation and rising US interest rates.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LIVESTREAM: Pres. Marcos attends contract signing ceremony of South Commuter Railway ProjectNews updates on COVID-19 (coronavirus disease 2019) and the COVID-19 vaccine: https://www.gmanetwork.com/news/covid-19/Nakatutok24OrasBreaking news and stor...
Source: gmanews - 🏆 11. / 68 Read more »
Marcos open to buying Russian fuel, proposes new Myanmar approachPhilippines taking 'balanced view' on Russian fuel Marcos seeks role as peace-promoter amid regional tension Proposes new approach to Myanmar to end
Source: interaksyon - 🏆 24. / 51 Read more »
Marcos is not keen on releasing 100-day report---BersaminUnlike his predecessors, President Ferdinand “Bongbong” Marcos Jr. is not keen on releasing a report for his first 100 days in office and is actually wondering if it was necessary, newly appointed Executive Secretary Lucas Bersamin said. Ang Hirap naman kung walang ilalagay kaya wag na lang . He never really got over his slacker ways 😒 Ang malaking katanungan..... MERON BA?!?!
Source: manilabulletin - 🏆 25. / 51 Read more »
Marcos intends to propose 'several actions' to ASEAN in handling regional conflictsBelieving that the Philippines must play a huge part in maintaining peace in the region, President Ferdinand “Bongbong” Marcos Jr. disclosed that he intends to lay out actions the ASEAN can take amid various conflicts. Ulol bakla BBM . Huli sa Velvet Slum disco naked with 2 handsome men ....
Source: manilabulletin - 🏆 25. / 51 Read more »
Marcos on 1st 100 days: ‘Putting out fires, finding best and brightest’President Ferdinand Marcos Jr., in his own words, says he “put together a government which is functional” and focused on the economy in his first 100 days. Full story: Focus sa economy = FAILED Dysfunctional is more correct, ukininam …Functional government to party all the time and to ensure that the economy will fall
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Marcos admin raises $2B via dollar bond issueThe Philippine government has raised a total of $2 billion or around P117 billion by offering triple-tranche dollar-denominated bonds —marking the Marcos administration’s debut in the offshore debt market.
Source: gmanews - 🏆 11. / 68 Read more »