Asia´s Magazine Se envia | Page 16

Government

Investors should buy Philippine government debt maturing in two and three years as concerns supply will increase and rate cuts will end reduce demand for longer-maturity notes, Standard Chartered Plc said. Yields on 91-day bills at an 18-month low will deter buyers at the short end of the curve, said Khalil Belhimeur, a fixed- income strategist at the British lender that earns most of its profit in Asia. The government's 10-year borrowing cost climbed to the highest level this year on estimates

Philippines