Fitch Ratings has assigned the Philippines' forthcoming US dollar-denominated bonds an expected rating of 'BBB-(EXP)'.
The Philippines intends to use the proceeds from the bond sale to pay the purchase price and accrued interest of its own securities repurchased in an associated debt management operation. Residual proceeds may be used for general budget financing purposes.
KEY RATING DRIVERS
The expected rating is in line with the Philippines' Long-Term Foreign-Currency Issuer Default Rating (IDR) of 'BBB-' with a Positive Outlook.
RATING SENSITIVITIES
The rating would be sensitive to any changes in the Philippines' Long-Term Foreign-Currency IDR.
On 8 April 2016, Fitch affirmed the Philippines' Long-Term Foreign-Currency IDR at 'BBB-' with a Positive Outlook. The Long-Term Local-Currency Rating is also 'BBB-' with a Positive Outlook.


US Gas Market Poised for Supercycle: Bernstein Analysts
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift?
Urban studies: Doing research when every city is different
Wall Street Analysts Weigh in on Latest NFP Data
China’s Growth Faces Structural Challenges Amid Doubts Over Data
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data
Geopolitical Shocks That Could Reshape Financial Markets in 2025
Stock Futures Dip as Investors Await Key Payrolls Data
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios
2025 Market Outlook: Key January Events to Watch
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand
Global Markets React to Strong U.S. Jobs Data and Rising Yields
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 



