Bloomberg News

Philippines to Buy Back ‘Expensive’ Debts, Treasurer Tan Says

October 10, 2011

Oct. 10 (Bloomberg) -- The Philippines will buy back “expensive” debts as part of its liability management program, Treasurer Roberto Tan said in Manila today.

“There’s a window,” Tan told reporters in Manila today, when asked about the ongoing buyback of bonds. This is part of the package approved by the central bank, he said.

To contact the reporter on this story: Max Estayo in Manila at

To contact the editor responsible for this story: Cecilia Yap at

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