BaringsÆ Cuyegkeng is long Philippine bonds

Steven Irvine speaks to top Filipino economist Joey Cuyegkeng about the chronic negative perception of the Philippines among international investors. Cuyegkeng says we need to look at the numbers.

Steven Irvine

August 30, 2000

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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