Manila, June 16 -- The government is aiming to raise at least USD1 billion from its triple-tranche offering of dollar-denominated bonds.

In a statement on Tuesday, the Bureau of the Treasury (BTr) said the bonds consist of 5.5-, 10-, and 25-year tranches.

Proceeds from the sale of the global bonds will be used for general budget financing, the BTr said.

The 25-year offering will be a tap of the existing 5.750 percent 2051 USD Bonds issued in January 2026.

This is the second time the Philippines has tapped the international capital markets this year, following a USD2.75 billion triple-tranche issuance in January 2026.

The BTr said initial pricing guidance was announced at +85 basis points over US Treasuries for the 5.5-year tranche, ...