Philippines closes record retail bond offering

The $10.45 billion raise from the Bureau of the Treasury will be directed towards sectors including agriculture, infrastructure, education and healthcare.

Philippines’ Bureau of the Treasury has raised a total of P584.9 billion ($10.45 billion) through the thirtieth tranche of retail treasury bonds (RTB 30), of which P212.72 billion was awarded at a rate-setting auction this month on February 13.

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