Retail Asia20/09/2016
1min
The Philippines raised 100 billion pesos ($2.1 billion) from the sale of retail treasury bonds, the government said on Monday. The nine-day public offer for 3.5 percent 2026 bonds closed on Sept. 16. Proceeds from the sale will be used to finance the government’s plan to increase infrastructure spending. ($1 = 47.9100 Philippine pesos)