MANILA, Philippines – The Philippine government is set to tap the offshore bond market for the second time this year with a benchmark-sized triple-tranche US dollar debt offering.
In a statement on Tuesday, the Bureau of the Treasury (BTr) said it launched US dollar-denominated bonds with tenors of 5.5 years, 10 years and 25 years.
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The 25-year offering will be a tap of existing 2051 notes issued last January.FEATURED STORIES
