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Philippine government raises P300 billion from new bonds

25 April 2025
in Business
Reading Time: 3 mins read
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Philippine government raises P300 billion from new bonds
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By Aaron Michael C. Sy, Reporter

THE GOVERNMENT sold P300 billion worth of new 10-year fixed-rate Treasury notes (FXTN) amid strong demand for longer-dated tenors on expectations of rate cuts by the central bank.

“This inaugural public offering of the 10-year benchmark FXTNs is not only about raising funds – it’s about giving the market more ways to invest in their future and take part in the Republic’s programs and goals,” National Treasurer Sharon P. Almanza said in a statement late on Thursday.

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