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Philippines launching retail dollar bonds, maiden sukuk issuance

PHL eyes $ 2B from first sale of RDBs • Jasper Y Arcalas

THE Marcos Jr. administration plans to raise at least $200 million from its first sale of retail dollar bonds (RDBs) the second for the Philippines to meet the state’s financing needs. The Bureau of the Treasury (BTr) issued a notice of offering on Tuesday for the country’s issuance of 5.5-year RDBs due 2029. The Treasury disclosed that

Philippine gov t to raise $1B through sukuk bonds

The Philippines is planning to raise $1 billion through the issuance of Sharia-compliant bonds, which would mark the government’s entry into Islamic financing.

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