Sunday 20 January 2019
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inquirer - 8 month ago

Dominguez: Another dollar debt paper sale before end-2018 to raise funds for infrastructure

The Philippines would again sell dollar-denominated bonds before this year ends to raise funds for the Duterte administration s ambitious infrastructure program, Finance Secretary Carlos G. Dominguez III said Monday. In a text message to finance reporters, Dominguez confirmed the government s plan for another global bond sale by late third quarter or early fourth quarter of 2018. The global bond issuance would finance infrastructure projects as well as settle maturing debt, Dominguez said. Under its Bui

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