Bloomberg News

Philippine Retail Bond Sale At More Than 40 Billion Pesos So Far

October 11, 2011

Oct. 12 (Bloomberg) -- The Philippines has sold more than 40 billion pesos of bonds targeted at individuals in an offering that started on Oct. 10, Deputy Treasurer Eduardo Mendiola said by phone today.

The sale of 10- and 15-year retail bonds will continue until Oct. 17. The Southeast Asian nation has been tapping funds from individuals since 2001.

To contact the editor responsible for this story: Cecilia Yap at cyap19@bloomberg.net


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