THE PHILIPPINES on Thursday launched its offer of dual-tranche US-dollar global bonds, as well as a euro sustainability bond, marking its first foray in the international debt market this year.
In a statement, the Bureau of the Treasury (BTr) announced its 10-year and 25-year fixed-rate global bonds and seven-year euro sustainability bonds.
“This marks the Republic’s first ever EUR (euro) sustainability bond and also marks the Republic’s return to EUR bond markets since April 2021. The USD (US dollar) 25-year Global Bond and EUR 7-year will be issued under the Republic’s Sustainable Finance Framework,” the Treasury said in a statement.
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