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                    [Title] => RP sells $500-M global bonds
                    [Summary] => The Philippines raised $500 million in global bonds yesterday, short of its fund-raising target as appetite for the country’s debt was sapped by a controversy over the accuracy of its economic data.


The bond sold at a price of 96.75 percent with a yield of 9.509 percent. The spread, or the premium investors demand to compensate for the risk, was 553 basis points over comparable US Treasuries or seven basis points wider than existing 2012 bonds.


                    [DatePublished] => 2003-01-10 00:00:00
                    [ColumnID] => 133272
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MORGAN SECURITIES AND MORGAN STANLEY

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                    [ArticleID] => 190960
                    [Title] => RP sells $500-M global bonds
                    [Summary] => The Philippines raised $500 million in global bonds yesterday, short of its fund-raising target as appetite for the country’s debt was sapped by a controversy over the accuracy of its economic data.


The bond sold at a price of 96.75 percent with a yield of 9.509 percent. The spread, or the premium investors demand to compensate for the risk, was 553 basis points over comparable US Treasuries or seven basis points wider than existing 2012 bonds.


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abtest

RP sells $500-M global bonds

January 10, 2003 - 12:00am

The Philippines raised $500 million in global bonds yesterday, short of its fund-raising target as appetite for the country’s debt was sapped by a controversy over the accuracy of its economic data. The bond...

Business