Philippines raises P167.25 billion through 32nd retail Treasury bond issue
The Marcos administration secured P167.25 billion from its 32nd retail Treasury bond offering, surpassing the P150-billion goal after a week-long subscription period.
The Bureau of the Treasury launched the 32nd retail Treasury bond (RTB) with an initial target of P30 billion, later raising it to P150 billion. Investor demand pushed total subscriptions to P167.25 billion, exceeding the revised target. The offering remained open for one week before closing.
Why it matters
The strong demand shows robust investor confidence in the Philippines' government debt market.
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