Emerging debt

Philippines: A diamond in the sovereign issuance space

The international hunt for yield has helped the Philippines sell its largest-ever offshore bond, but despite a ratings upgrade by S&P, it must balance fiscal easing with a balanced currency.
May 04, 2020

In the wake of the sale of the largest-ever bond from the Republic of Indonesia, regular issuance running mate, the Republic of the Philippines, was not to be outdone.

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