Gov’t eyes offshore issuance in Q2 - BusinessWorld Online

Gov’t eyes offshore issuance in Q2 - BusinessWorld Online

THE GOVERNMENT is looking at tapping the offshore bond market in the second quarter, the Bureau of the Treasury (BTr) said. “We still have $2.5 billion left in the borrowing program, so we are looking at whether we issue (in the) second quarter or third quarter,” National Treasurer Sharon P. Almanza told reporters on the sidelines of an event on Thursday.” There is a possibility for a second-quarter issuance.” In January, the government raised $…