(Bloomberg) -- The Philippine government is
considering the sale of new 10-year peso and U.S. dollar bonds
in exchange for existing debt, Finance Undersecretary Roberto
Tan said in an interview.
``We're looking at a debt swap to extend the maturity of
our borrowings, create more efficient benchmarks and lower our
costs,'' Tan said by telephone today in Manila.
Read more at Bloomberg Bonds News
considering the sale of new 10-year peso and U.S. dollar bonds
in exchange for existing debt, Finance Undersecretary Roberto
Tan said in an interview.
``We're looking at a debt swap to extend the maturity of
our borrowings, create more efficient benchmarks and lower our
costs,'' Tan said by telephone today in Manila.
Read more at Bloomberg Bonds News
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