PHL raises $3.5B from dollar, euro bonds–BTr

Quick Summary:

THE national government raised a total of $3.5 billion on Friday through the issuance of dual-tranche dollar bonds as well as euro bonds, locking in amid favorable market conditions.

Nevertheless, the Philippines is expected to sustain strong economic growth relative to regional and rating peers despite global uncertainties and inflationary risks from weather-related disruptions.

S&P Global Ratings assigned a BBB+ long-term foreign currency issue rating to the US dollar senior unsecured bonds.

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Article Details

Author / Journalist: Reine Juvierre S. Alberto

Category: BusinessStartups

Markets: PhilippinesChinaJapan

Topics: Dollar Philippines Ratings Market Bond Growth Moody’s Bonds Global Government Rating

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-24 @ 16:03:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 754 words

Reading Time: 5 minutes read

Sentences: 29 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 25406446

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 52 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 15 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #37

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