KapitBisig.com Philippines

It used to be that a look like this says something about how one groom's her hair. Uneven highlights tend to look unkept and dirty. There's not a name for it and it isn't a fashion statement.

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MANILA/HONG KONG, Sept. 10 (Reuters) – The Philippine government said Friday it raised an equivalent of $1 billion from a maiden issue of a 2021 global peso bond, taking advantage of heavy foreign demand and record inflows into Asian debt markets.

The peso-denominated bonds, Asia's first global local currency debt issue, were priced at 99.607, with a coupon of 4.95 percent, to yield 5.0 percent, the government said in a statement. The deal puts Philippines in a small club of issuers who have sold bonds abroad in their own currencies.

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The Aquino administration has raised $1 billion (roughly P44.109 billion) from the global debt market through the sale last Thursday of 10-year peso-denominated global bonds.

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