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Philippines issues 10-year USD bonds

The Philippines has raised 1.5 billion USD from the sale of 10-year bonds in recent days to help fund its 2019 spending plan.
Hanoi (VNA) – The Philippines has raised 1.5billion USD from the sale of 10-year bonds in recent days to help fund its 2019spending plan.

The event was the first such issuance from anemerging market this year, with investors across Asia, the US and Europe takingpart.

The Philippines is one of Asia’s most activesovereign bond issuers. It is raising funds to support the budget as theadministration of President Rodrigo Duterte plans to increase infrastructure spending.-VNA
VNA
#Philippines issues 10-year USD bonds#10-year USD bonds#Philippines' 10-year USD bonds#bond issuance by the Philippines#sovereign bond issuers#infrastructure spending in the Philippines#administration of President Rodrigo Duterte#Vietnamplus#Vietnam News Agency
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