Economy
Retail Bonds Fetch P84.9 Billion, Surpassing Target on Strong Investor Demand
The Philippine government has raised P84.9 billion from its latest retail Treasury bond (RTB) offering, exceeding initial investor demand by over six times. The 2.5-year bonds, issued at a 6.875% coupon rate, highlight their role in providing citizens with savings avenues and financing government needs.
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