BusinessWorld E-paper
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September 28, 2023
THE PHILIPPINE government on Wednesday raised $611.2 million (P34.8 billion) at an auction of its second onshore retail dollar bonds (RDBs).
Tenders at the rate-setting auction hit $636.2 million, slightly above the $636 million on offer at the Bureau of the Treasury’s fi rst retail dollar bond sale under President Ferdinand R. Marcos, Jr.