MANILA, Philippines - The Philippine government plans to price a retail treasury bond issue on August 10, Deputy National Treasurer Eduardo Mendiola said on Wednesday.

Mendiola said in a text message the bonds will have tenors of five, seven and 10 years, but did not mention an issue size.

The Bureau of Treasury said earlier it was looking to raise an initial P20 billion-P30 billion ($435-650 million) from the retail sale.