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, signaling growing confidence in the country’s financial landscape.

Regulators have also expressed comfort with the increasing foreign presence in the bond market. According to Japanese investment bank Nomura, which cited talks with Philippine officials, policymakers may be comfortable with a gradual rise in foreign participation moving forward.
https://business.inquirer.net/548027/ph-debt-draws-more-foreign-cash

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