Philippines launches U.S. dollar, euro denominated bond offering

Bond intended to help fund 2025 budget

20250123 Philippines exchange

Manila is getting more creative with international bond offerings to finance the national budget.  © Reuters

MANILA (Reuters) -- The Philippines on Thursday launched its U.S. dollar and euro denominated bond offerings to help fund its 6.33 trillion pesos ($107.86 billion) budget for 2025.

The offering consists of a 10-year U.S. dollar bond, 25-year sustainability U.S. dollar bond and a 7-year euro denominated sustainability bond.

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