RP Gov’t Sells P77.65Billion of RTBs; May Cut Debt Sale
The Philippine Government has successfully sold P77.65 Philippine billion pesos of retail treasury bonds (RTBs), Deputy Treasurer Eduardo Mendiola said. The government both sold 3 year and 5 year RTBs, providing quarterly interest income to its holders, were almost 10 times more than initially planned . The bonds were aimed to be sold to individual investors. The [...]