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                    [ArticleID] => 379174
                    [Title] => RP to sell $1-B global bonds
                    [Summary] => 



The Philippines will sell as much as $1 billion in 25-year global bonds to help finance its budget deficit.


Market sources said investors had placed buying orders well in excess of $3 billion for the bonds, which initial guidance suggests will be priced to yield 6.6 percent, plus or minus five basis points.


The bonds, which the government has previously said will be used to help bridge a budget deficit, will be priced in New York later today (New York time).


                    [DatePublished] => 2007-01-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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LOW GUAN YI

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                    [ArticleID] => 379174
                    [Title] => RP to sell $1-B global bonds
                    [Summary] => 



The Philippines will sell as much as $1 billion in 25-year global bonds to help finance its budget deficit.


Market sources said investors had placed buying orders well in excess of $3 billion for the bonds, which initial guidance suggests will be priced to yield 6.6 percent, plus or minus five basis points.


The bonds, which the government has previously said will be used to help bridge a budget deficit, will be priced in New York later today (New York time).


                    [DatePublished] => 2007-01-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

RP to sell $1-B global bonds

By Des Ferriols | January 10, 2007 - 12:00am

The Philippines will sell as much as $1 billion in 25-year global bonds to help finance its budget deficit. Market sources said investors had placed buying orders well in excess of $3 billion for the bonds,...

Business