Philippines' 25yr bond thrives amid volatility

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Philippines' 25yr bond thrives amid volatility

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The Republic of the Philippines overcame an unusually sluggish market this week to print a $2bn bond as part of an accelerated switch process. The Asian bond market was quieter than normal in the first week of the year, thanks to high volatility caused by plummeting global oil prices and fears of a default in the Chinese property sector.

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