7 months Gov’t starts marketing ‘Samurai’ bonds MB |Biz
By Chino S. Leyco The Duterte administration has started selling its yen-denominated bonds with four tenors, the Bureau of the Treasury announced on Tuesday. National Treasurer Rosalia V. de Leon National Treasurer Rosalia de Leon said the government is marketing up to $1-billion Samurai bonds across tenors of three-, five-, seven-, and 10-years. But De Leon clarified the four tenors were just “initial guidance” for the Philippines’ return to the Japanese debt market. This bond sale is the second consecutive year that the government borrowed in yen after its successful return to the Japanese market in August 2018. The Duterte ... more