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 environment for investment.
Regulators have signaled comfort with the growing 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.
This trend highlights increasing confidence in the Philippine economy and its financial markets.
https://business.inquirer.net/548027/ph-debt-draws-more-foreign-cash
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