MANILA (AFX-ASIA) – The National Power Corp (Napocor) said it issued 3.752 billion pesos worth of zero-coupon bonds due 2009 and 8.8 billion pesos worth of such bonds due 2011, the first ever local currency issuance by the state-owned firm. (US$1=56 peso). Napocor will use the proceeds to partly cover its financing requirements for this…