The Philippines eyes Samurai bond after dollar success
The Republic of the Philippines has picked three banks to arrange its first sale of yen-denominated bonds in over eight years as emerging market sovereigns look to take advantage of a guarantee from the Japanese government.
The Philippines is hoping to add to the $1.5bn it raised in the global bond market last week and has picked Daiwa, Mitsubishi UFJ and Nomura to manage a deal that will be guaranteed by the Japan Bank for International Cooperation, according to a fund manager.
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.