Philippines seals jumbo dollar deal

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Philippines seals jumbo dollar deal

Philippines_Adobe_8July
Flag of the Philipines waving in the wind / flag | eugenekh - stock.adobe.com

The Republic of the Philippines focused on investors keen to buy long-dated bonds by selling a dual tranche dollar deal this week. The $3bn trade featured a chunky $2.25bn 25 year portion that easily trumped the sovereign's last similar outing.

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