The Philippines has raised 420.45 billion pesos ($7.39 billion) from a retail treasury bond offering that ended on Sept. 2, National Treasurer Rosalia de Leon said on Monday.
The peso-denominated retail bonds due in 2028, which pay a coupon of 5.75%, were the first such issue under the administration of President Ferdinand Marcos Jr. It included a swap offer for holders of existing notes maturing this year and in 2023.
—Reporting by Enrico Dela Cruz; Editing by Martin Petty