MANILA (Reuters): The Philippines, one of Asia's most active issuers of sovereign debt, plans to raise as much as 629 billion pesos (US$10.75 billion) via treasury bills and bonds in the first quarter, its Bureau of the Treasury has announced.
The bureau would hold weekly auctions for 91-day, 182-day and 364-day T-bills in the January to March period, offering up to 22 billion pesos at each.
