BusinessWorld E-paper
October 07, 2022
THE MARCOS administration raised $2 billion (P118 billion) from its first dollar bond issuance, the Bureau of the Treasury(BTr) said.
The BTr sold $500 million worth of five-year bonds priced at 5.17% or US Treasuries plus
120 basis points (bps). It also sold $750 million worth of 10.5-year bonds with a yield of 5.609% or US Treasuries plus 185 bps.
