The national government is planning to issue $500 million of Japanese yen-denominated bonds, as well as US dollar and euro-denominated bonds this year, to raise an additional $3 billion for its 2024 borrowing program. Finance Secretary Ralph Recto said the government will begin issuing the bonds in...
The Duterte administration has successfully returned to the Japanese debt market, raising about P24.2 billion to fund the government’s coronavirus response and support the country’s economic recovery plan. The Bureau of the Treasury announced on Tuesday, March 30, that the national...