Bisa jadi ini adalah patokan untuk negara lain yang menawarkan produk serupa later this year.
UPDATE 2-Manila launches 2019 bond, market sees $1.5 bln offer - News - CNBC.com
UPDATE 2-Manila launches 2019 bond, market sees $1.5 bln offer - News - CNBC.com
UPDATE 2-Manila launches 2019 bond, market sees $1.5 bln offer
By: AFX | 07 Jan 2009 | 01:49 AM ET
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By Karen Lema MANILA, Jan 7 (Reuters) - The Philippines will likely raise as much as $1.5 billion from a 10-year dollar bond offer it launched on Wednesday with brisk demand for the first offshore sovereign issue in Asia this year, bankers said. That means the Southeast Asian nation will fully cover its overseas borrowing requirements this year and the strong orders could pave the way for other sovereigns in the region to follow with debt offerings. Indonesia and South Korea are likely to offer bonds later this year with Malaysia also expected to tap international debt markets. Bond markets expect Manila to sell its benchmark June 2019 bond at around 8.5-8.75 percent yield. Official price guidance is expected to be issued when markets open for trading in New York. "It seems like a good issue, and demand is pretty good," said Benedicto Jose Arcinas, vice president and treasurer at Export & Industry Bank in Manila.
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