The national authorities is issuing these days P100 billion well worth of 10-yr, retail treasury bonds (RTBs) to fund the Duterte administration’s infrastructure and social offerings projects.
The issuance includes the P65 billion to start with raised by means of the Bureau of the Treasury (BTr) on September 6, and P35 billion as of September sixteen.
“Originally, P65 billion of the RTBs had been issued on the coupon setting public sale closing September 6. The issuance turned into elevated after the nine-day public offer duration, and next avenue shows raised great demand for the securities in the order books of the legal promoting retailers,” the BTr said in a announcement on Monday.
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