Time for synthetics to get real

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Time for synthetics to get real

Issue: 1170 - 2 September 2010

Keywords: Taipan, synthetic peso, San Miguel

The Republic of the Philippines’ planned synthetic peso bond could plot a course for other high quality Asian issuers to follow. Funding officials from the country may not be creating a new structure, but its use by a top Asian sovereign is sure to excite global investors with a hunger for Asian currencies — and could start a new trend in the region. ..

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