MANILA, Jan. 6 (Xinhua) -- The Philippine government raised 1. 25 billion U.S. dollars from its second issuance of the Global Peso Bond, finance officials announced Thursday.

Proceeds from the sale of the 25-year peso-denominated bond will be used to refinance debt.

"The successful issuance of the country's second Global Peso Bond reflects the confidence of investors in the Republic's fiscal management program and liability management strategy," National Treasurer Roberto Tan said in a statement.

The newly issued U.S. SEC-registered bonds were priced at par with a yield of 6.250 percent, and will mature in January 2036. The bonds are Peso-denominated but will be settled offshore in U.S. dollars.

Citi and HSBC acted as joint global coordinators for the transaction. Citi, Credit Suisse, Deutsche Bank, HSBC, J.P.Morgan and UBS were the joint bookrunners.

Finance Secretary Cesar Purisima thanked the investors who participated in the sale.

"The active investor participation allowed us to continue our strategy of lengthening debt maturities and reduce exposure to foreign exchange risk," he said, adding that the sale will set a benchmark for future infrastructure projects under President Aquino's term.