JAKARTA, Oct 15 (Reuters) – The International Finance Corp on Thursday said it plans to sell long-dated local currency bonds in the Indonesian debt market to fund its investments in Southeast Asia’s biggest economy, a move which may help develop the market.
RP debt rises as it borrows more to cover deficit (GMANews.TV via Yahoo! Philippines News)
The Philippines’ debt rose in July this year as the government borrowed money from abroad to cover a widening deficit.
Pimco’s Gross Boosts Government Debt, Cuts Mortgage Holdings (Bloomberg)
Oct. 15 (Bloomberg) — Bill Gross , who runs the world’s biggest bond fund at Pacific Investment Management Co. , increased holdings of government debt last month and cut mortgage bonds to the lowest level in more than four years.
Pimco’s Gross Increases Government Debt Holdings to 5-Year High (Bloomberg)
Oct. 15 (Bloomberg) — Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., last month increased holdings of government-related debt to 48 percent, the most since August 2004, from 44 percent in the previous month.
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