Sunday, June 24, 2007

Philippines Plans $100 Million Bond Sale to Families of Overseas Workers

(Bloomberg) -- The Philippine government plans to
sell at least $100 million of bonds to the families of overseas
workers as early as the third quarter, said a banker involved in
the deal.

State-owned Land Bank of the Philippines and Hongkong and
Shanghai Banking Corp. will underwrite the debt sale, Land
Bank's assistant vice president Alex Macapagal said.


Read more at Bloomberg Bonds News

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