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Macro Finance

Philippines Starts Sale of Retail Bonds as Rates Stay High

Bloomberg Markets·September 29, 2026·1 min read

The Philippines raised 84.9 billion pesos ($1.36 billion) in a retail Treasury bond auction, securing fresh funds for government spending. The government opted for a shorter tenor amid elevated interest rates, reflecting a cautious approach to borrowing costs. The sale provides new financing as the country manages its fiscal needs.

Read at Bloomberg Markets
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