The Philippines has returned to the international bond market with a triple-tranche, $2.5-billion US dollar-denominated bond offering that was issued at a cheaper rate, the Bureau of the Treasury (BTr) said on Thursday. The new 5.5-year paper fetched a yield of 4.375 percent, 35 basis points (bps) tighter than initial price guidance. Meanwhile, the 10.5-year Read The Rest at :