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Philippines’ Rizal to offer peso-denominated fixed-rate bonds
By Rebecca Melvin
New York, June 19 – Rizal Commercial Banking Corp. said it plans to issue peso-denominated fixed-rate bonds.
The bond issue will be the bank’s fifth tranche under its PHP 100 billion bond and commercial paper program.
The final terms will be determined prior to the launch of the issue and subject to market conditions.
The bank is based in Makati City, Philippines.
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