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“Our rating matters to us: our goal is to get to investment grade within the current administration” |
The Republic of the Philippines is considering issuing more peso-denominated bonds in the local market to help fund infrastructure development, according to secretary of finance Cesar Purisima. Speaking to Euromoney on the sidelines of the Asian Development Bank meeting in Hanoi, Purisima says that infrastructure development is a top priority for the country and that peso-denominated 25-year bonds might be issued to help fund various projects.
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