Philippine debt draws more foreign cash

MANILA, Philippines — Foreign investors are stepping up purchases of Philippine government bonds. This shift is buoyed by market-friendly reforms and declining inflation, creating a more attractive investment environment.

Regulators have signaled comfort with the growing foreign presence in the bond market. Japanese investment bank Nomura, citing talks with Philippine officials, noted that policymakers may be comfortable with a gradual rise in foreign participation.
https://business.inquirer.net/548027/ph-debt-draws-more-foreign-cash

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