According to Finance Secretary Benjamin Diokno during a Kapihan sa Manila Bay forum, the government is planning to launch the said retail bonds in the first quarter of 2023. READ:
However, Diokno said they are still finalizing the terms of how the government will offer the said retail bonds to OFWs. He said OFWs can invest as low as $200.“That’s just a notional number.
It can be one , it can be three , that depends on the demand of the OFWs,” said Diokno.US dollar-denominated retailHe said this would lead to further growth in cash remittances, which is expected to help shore up the Philippine peso, which has depreciated since June.
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