Philippines may launch $200-M 'panda' bonds in Q4 | ABS-CBN
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Philippines may launch $200-M 'panda' bonds in Q4
Philippines may launch $200-M 'panda' bonds in Q4
Reuters
Published Aug 22, 2017 11:59 AM PHT
MANILA - The Philippines may issue its maiden panda bonds around October or November this year, Finance Secretary Carlos Dominguez said Tuesday.
MANILA - The Philippines may issue its maiden panda bonds around October or November this year, Finance Secretary Carlos Dominguez said Tuesday.
The government was still looking at raising $200 million (P10.3 billion) from the issue, Dominguez told reporters. Panda bonds are yuan-denominated debt sold in China by foreign firms or governments.
The government was still looking at raising $200 million (P10.3 billion) from the issue, Dominguez told reporters. Panda bonds are yuan-denominated debt sold in China by foreign firms or governments.
Dominguez also said the government would probably issue global bonds next year to help finance its proposed P3.77 trillion budget, but the size would not be significant.
Dominguez also said the government would probably issue global bonds next year to help finance its proposed P3.77 trillion budget, but the size would not be significant.
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