
"We are very pleased to have been able to extend the republic's maturity profile while at the same time achieving the lowest yield for a new 25-year benchmark US dollar global offering by the Philippines," finance secretary Margarito Teves was quoted as saying.
"Positive investor reception for this transaction allowed us to resume our long-term borrowing strategy to achieve our funding objective in support of our fiscal programme," national treasurer Roberto Tan also said.
Deutsche Bank Securities Inc., HSBC and UBS AG acted as joint lead managers and joint bookrunners for the transaction….
1 comment:
Good move on the part of the government. For all the complaints we have about government, the BSP and the DoF really know how to raise money.
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