7 months Govt eyes $1B from ‘samurai’ bonds Manilatimes |Biz
THE government aims to raise as much as $1 billion (P50.89 billion) from its newly launched multitenor “samurai” bonds program, the Bureau of the Treasury announced on Tuesday.
The façade of the Bureau of the Treasury in Intramuros, Manila on Thursday. PHOTO BY J. GERARD SEGUIA“We are already in the (Japanese) market (with) the initial price guidance for the three, five, seven and 10-year tenor,” National Treasurer Rosalia de Leon said in an interview. Samurai bonds are yen-denominated securities issued by non-Japanese entities in Tokyo.
“We are still looking at up to $750 million (in proceeds), and if there ... more