KM Financial Solutions | Philippines raises $1.3 bln from euro bond issue, including 1st ever zero-coupon deal
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Philippines raises $1.3 bln from euro bond issue, including 1st ever zero-coupon deal

Philippines raises $1.3 bln from euro bond issue, including 1st ever zero-coupon deal

The Philippines raised 1.2
billion euros ($1.33 billion) from the capital market by selling
its first ever zero coupon three-year euro-denominated bond and
securing the lowest coupon ever for a nine-year deal, its
finance secretary said on Wednesday.

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