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Philippines Returns to Global Bond Market as Oil Pressure Eases

The Philippines is tapping the international bond market for the second time this year, seizing the opportunity to fund state spending as borrowing costs eased on optimism over a potential US-Iran agreement.

This article was originally published by Bloomberg Markets and is republished here under license.

The Philippines is tapping the international bond market for the second time this year, seizing the opportunity to fund state spending as borrowing costs eased on optimism over a potential US-Iran agreement.

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