Global bond sale boosts state borrowings in May

  • 📰 PhilstarNews
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 94%

Btr News

The government accumulated P259 billion in borrowings in May due to the issuance of global bonds in its first foray in the international debt market this year.

MANILA, Philippines —

Apart from the bulk borrowings due to the global bonds, there was also P12.37 billion in various project loans. For the five-month period, borrowings jumped by 16 percent to P1.42 trillion from the P1.22 trillion sourced in January to May 2023. Positive cues provided by the Bangko Sentral ng Pilipinas in its latest policy meeting could fuel a sustained market...

In our long journey towards genuine freedom and meaningful progress, we have been defended and inspired by extraordinary men who transcended their personal interests in spite of the risk, inconvenience and ultimate... Harris, with her killer instincts and poise, could have wiped the floor with Trump on the issues that matter most to voters.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines