BusinessWorld E-paper
November 28, 2023
THE BUREAU of the Treasury (BTr) on Monday launched its first-ever offering of Sukuk bonds as it mandated banks for the sale of “benchmark-sized” 5.5-year papers, a document showed.
The Sukuk bonds will be dollar-denominated and will be a “benchmark-sized” issue of at least $500 million with a tenor of 5.5 years.
