Philippines eyes second half for dollar, Samurai return

Fotolia Philippines 230x150
By Addison Gong, Morgan Davis
30 May 2018

The Republic of the Philippines is looking at two benchmark sized transactions in the second half of the year, to be denominated in dollars and yen, a source at the Bureau of the Treasury told GlobalCapital Asia this week.

The sovereign is on the lookout for opportunistic windows to issue and is selecting banks for its fundraisings, the source said.

“The importance of timing an issuance is paramount given recent volatility,” he said in an emailed response to questions. “While we have observed that [Philippines sovereign bonds] ...

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