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  • Philippines raises $2.5B from triple-tranche dollar bond sale

    Philippines raises $2.5B from triple-tranche dollar bond sale

    MANILA — The Philippine government has raised USD2.5 billion from a triple-tranche dollar bond offering, marking its second entry into the international capital markets this year, the Bureau of the Treasury (BTr) said Wednesday. The transaction was composed of USD550 million from a 5.5-year bond priced at a reoffer yield of 4.699 percent, USD1.65 billion…