Swiss bank says PH dollar bonds too expensive

Posted at Aug 15 2012 05:55 PM | Updated as of Jan 22 2019 12:24 PM

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Philippine dollar bonds have been rising as improved finances boost investor confidence and put an investment-grade rating within reach.

But Bloomberg reports the Swiss bank Julius Baer says Philippine dollar bonds have rise too much and are expensive, at least compared with higher-rated debt from Persian Gulf nations. ANC News Now