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BusinessWorld E-paper

March 22, 2022

THE PHILIPPINE government is looking to raise funds via a benchmark-sized US dollar-denominated bond issue with tenures of five, 10.5 and 25 years, according to a government
document seen by reporters on Monday.

The borrower has opened orders for a five-year bond at the 125 basis points (bps) over Treasuries area, a 10.5-year note at the 165 bps over Treasuries area and a 25-year bond at the 4.7% area, the document showed.

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