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Philippines eyes at least $200 million from onshore retail dollar bonds

The Government is looking to raise at least $200 million (about P12.8 billion) via its third onshore dollar-denominated retail bonds. The rate-setting auction for the Retail Dollar Bond 3 (RDB 3) will be held on Nov. 19, with the public offer period set to run until Nov. 24 unless ended earlier, the Bureau of the Treasury (BTr) said in a notice of offering on Friday. Issuance date is set on Nov. 27. [....]