Philippines auctions retail bonds
The treasury has raised over $1bn in one day for the two and a half year offering.
September 29, 2026
The great debate at the moment is whether the Philippines' debt which is trading more like a single B credit than a BB+ is great value for a forward-looking investor, or a case of the market accurately reflecting the state of the Philippines. That is, it is dire and ripe for a downgrade.
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