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BusinessWorld E-paper

January 22, 2026

THE PHILIPPINE government has raised $2.75 billion (about P163 billion) worth of dollar bonds, as it returned to the international capital markets for the first time in a year.

The triple-tranche dollar bond issuance was the Philippine government’s largest US dollar deal in over three years, the Bureau of the Treasury (BTr) said. The amount raised was also higher than the initial minimum target amount of $1.5 billion.

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