Gov't to hold retail bond sale next week


Posted at Oct 04 2012 04:49 PM | Updated as of Oct 05 2012 12:49 AM

MANILA, Philippines - The government says it will start selling retail bonds next week in its second retail bond sale of the year.

The government will be selling 25-year retail bonds.

The sale will start with a rate-setting auction of 30 billion of the bonds on October 9, then continue up to the 22nd.

The current record set earlier this year was P180 billion. - ANC