{
  "id": 13900187,
  "title": "Big win: Manila bests target, raises ₱167.25 billion ($2.91 billion) in retail Treasury bonds",
  "url": "https://urgent.news/2026/10/12/big-win-manila-bests-target-raises-167-25-billion-2-91-billion-in",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-12T06:59:46.000Z",
  "source": {
    "name": "Gulf News",
    "slug": "gulf-news",
    "url": "https://gulfnews.com/business/personal-finance/big-win-manila-bests-target-raises-16725-billion-in-retail-treasury-bonds-1.500707125"
  },
  "original_language": "en",
  "account": "The Philippine government successfully exceeded its fundraising goals for its latest retail bond offering, collecting ₱167.25 billion ($2.91 billion) through the 32nd tranche of Retail Treasury Bonds (RTB 32). This surpasses the initial target of ₱150 billion set by National Treasurer Sharon P. Almanza. The funds raised include ₱84.86 billion ($1.48 billion) from the initial rate-setting auction on September 29 and ₱82.39 billion ($1.43 billion) from the public offering window from September 29 to October 7. The bond offers a 2.5-year term with a 6.875% annual coupon rate, paying interest quarterly and maturing on April 12, 2029. Analysts highlight the potential inclusion of Philippine sovereign debt in global benchmark indices as a key factor driving investor interest, which could lead to increased foreign capital inflow and improved market liquidity. Retail Treasury Bonds are a low-risk investment backed by the Philippine government, offering an attractive option for Overseas Filipino Workers (OFWs) to save and build long-term peso savings. The bond is accessible to retail investors with a minimum investment of ₱5,000, and can be purchased through participating banks or digital platforms.",
  "summary": "MANILA, Philippines: The Philippine government surpassed its fund-raising targets for its latest retail bond offering, securing ₱167.25 billion ($2.91 billion) in fresh funding through the 32nd tranche of Retail Treasury Bonds (RTB 32). The total exceeds the initial ₱150-billion target set by National Treasurer Sharon P. Almanza. Fresh funding through the 32nd tranche of Retail Treasury Bonds…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}