Philippines to Issue $200-Million in Panda Bonds in China

The government has set a target date of October or November this year for the issuance of panda bonds in China. The Bangko Sentral ng Pilipinas (BSP, Philippine central bank) already gave the go-signal for the planned issuance, and is just awaiting approval from the People’s Bank of China. It aims to sell $200 million with a three-year tenor. The bonds…

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