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Philippines returns to global debt market, raises $2B

By Inquirer - 7 months ago
MANILA — The Philippine government on Wednesday raised $2 billion in fresh borrowings from its issuance of dual-tranche US dollar bonds, the Marcos administration’s first offshore fundraising activity this year. The Philippines raised $1 billion each via 10-year debt securities and 25-year sustainability notes during Wednesday’s US dollar bond offering, according to the final term

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