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Gov’t raises P235B thru bond offering

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Transcript
00:00The Philippine government successfully raised 235 billion pesos through a bond offering that
00:05was terminated ahead of its three-day schedule. This after strong local institutional demand
00:10allowed the Marcus administration to meet its funding targets on the first day. The Bureau
00:16v. Treasury initially awarded 107.1 billion pesos on Wednesday, February 18, and secured an
00:22additional 127.9 billion pesos through its TAP facility. National Treasurer Sharon Almanza
00:29confirmed the early truncation of the offer period, stating the government immediately
00:34reached its new money target.
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