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                    [ArticleID] => 379367
                    [Title] => RP completes bond issues this year
                    [Summary] => 



The government has completed this year’s foreign commercial borrowing program with the issue of a $1-billion sovereign bond. 


The Department of Finance (DOF) announced yesterday that its 25-year global bond offering carried a coupon rate of 6.375 percent and was priced at 97.862 percent to yield 6.55 percent. 


The pricing of the bond due January 2032 was concluded in New York at around 1 a.m., Manila time, with the price equivalent to 180.3 basis points over benchmark US treasury due 2,032. 


                    [DatePublished] => 2007-01-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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POORS INVESTOR SERVICES

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                    [ArticleID] => 379367
                    [Title] => RP completes bond issues this year
                    [Summary] => 



The government has completed this year’s foreign commercial borrowing program with the issue of a $1-billion sovereign bond. 


The Department of Finance (DOF) announced yesterday that its 25-year global bond offering carried a coupon rate of 6.375 percent and was priced at 97.862 percent to yield 6.55 percent. 


The pricing of the bond due January 2032 was concluded in New York at around 1 a.m., Manila time, with the price equivalent to 180.3 basis points over benchmark US treasury due 2,032. 


                    [DatePublished] => 2007-01-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

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RP completes bond issues this year

By Des Ferriols | January 11, 2007 - 12:00am

The government has completed this year’s foreign commercial borrowing program with the issue of a $1-billion sovereign bond. The Department of Finance (DOF) announced yesterday that its 25-year global...

Business