


| Gov’t borrowing to fund pandemic expenses driving bond market |
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BOND MARKET growth accelerated in the third quarter to meet government demand for funds to finance its coronavirus disease 2019 (COVID-19) containment efforts, the Asian Development Bank (ADB) said Wednesday. According to the ADB Bond Monitor, the peso bond market grew 8.8% from a quarter earlier to P8.
Posted: 2020-11-25 14:57:00
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