Global bond sale successful – DoF

The government made a successful return to the international capital markets via 10-year global bond issue, the Finance department claimed on Friday, incurring lower interest costs compared to a similar exercise last year.

“The strong support … received in the international capital markets is a testament to the deepening investor confidence in the country’s newfound status under the Duterte presidency as one of the world’s fastest-growing economies,” Finance Secretary Carlos Dominguez 3rd claimed.