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Oct 18, 2018 @ 18:57

BPI eyes P15B from peso bond float

 

This bank will soon be tapping their new bond facility.

The Bank of the Philippine Islands (BPI) will soon roll out its maiden peso bond float from the P50-billion facility it created in September.

Directors of the Ayala-owned bank said they are looking to raise P15 billion from peso-denominated papers soon.

“The timing of the issuance will be subject to market conditions,” BPI told the Philippine Stock Exchange.

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