Republic of the Philippines
US$1.5 billion 7.75% Global Bonds due 2031
Final Term Sheet
Issuer | Republic of the Philippines | |
Issue currency | US$ | |
Issue size | 1.5 billion | |
Maturity date | 14 January 2031 | |
Settlement date | 11 January 2006 | |
Reference benchmark | 30 year 5.375% UST due February 2031 | |
Benchmark yield | 4.54 % | |
Re-offer spread over benchmark | 333.5 bps | |
Re-offer yield | 7.875 % s.a. | |
Coupon | 7.750 % s.a. | |
Re-offer price | 98.641 % | |
Denominations | US$100k/1k | |
Day count | 30/360 | |
Joint Bookrunners | Citigroup, Credit Suisse First Boston, Deutsche Bank, UBS |
The issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the Securities and Exchange Commission for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the Web site of the Securities and Exchange Commission at www.sec.gov. Alternatively, an underwriter or dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-503-4611.
