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Security Bank raises P20B from peso bond market

By Inquirer - 3 months ago
Security Bank Corp. of tycoon Frederick Dy has raised P20 billion from the bond market as demand from lenders soared days before the Bangko Sentral ng Pilipinas (BSP) cut interest rates. In a stock exchange filing on Tuesday, Security Bank said the issuance was its largest to date, coming from a base offer of P5

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