Philippines eyes retail dollar bond for OFWs

Finance Secretary Benjamin Diokno said the Philippines is looking to borrow more in US dollars, with a planned retail bond offering catering to overseas Filipino workers (OFWs) before the year-end.

In a chance interview with reporters, Diokno said the total amount has yet to be determined, but the offering will cater mainly to OFWs who can purchase using e-wallets.

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