73 0 0 3 min to read

Government plans to introduce retail dollar bonds in Q3

According to the Bureau of Treasury (BTr), the government intends to launch its anticipated retail dollar bond offering in the year’s third quarter.

National Treasurer Rosalia de Leon stated the government hopes to raise USD2 billion from the offering during a press conference.

The retail dollar bond offer was originally scheduled to be released by the government last year.

De Leon added, “We are looking for a more comfortable exchange rate,” noting that the peso had nearly closed at PHP56 to the US dollar on Friday.

“It’s a shifting target; we’re considering the third quarter, perhaps. We’re trying to generate more money than the USD1.5 billion we were able to achieve previously. Let’s use $2 billion as an aspiration, added De Leon.

Through its onshore retail dollar bond offering in 2021, the government raised as much as USD1.59 billion.

“When talking to the overseas Filipino employees, we saw arrangements that needed to be made, especially for those who planned to open dollar accounts. We are going to the agent banks to request a fee waiver because it appears there are fees. We want to ensure that every preparation is taken to ensure the RDBs have a warm welcome, added De Leon.

She continued by saying that the administration was examining market conditions.

“Market conditions must be carefully considered. She stated that we must set up the charge waiver because there will be a higher volume.

“Due to our numerous available platforms, we are marketing to OFWs. We have a very significant involvement in selling agents, Bonds.Ph, and the LANDBANK mobile app, De Leon continued. (

QR Code

Save/Share this story with QR CODE


This article is for informational purposes only and does not constitute endorsement of any specific technologies or methodologies and financial advice or endorsement of any specific products or services.

πŸ“© Need to get in touch?

Feel free to Email Us for comments, suggestions, reviews, or anything else.

We appreciate your reading. 😊Simple Ways To Say Thanks & Support Us:
1.) ❀️GIVE A TIP. Send a small donation thru Paypal😊❀️
Your DONATION will be used to fund and maintain NEXTGENDAY.com
Subscribers in the Philippines can make donations to mobile number 0917 906 3081, thru GCash.
4.) πŸ‘ Give this news article a THUMBS UP, and Leave a Comment (at Least Five Words).

World Class Nutritional Supplements - Buy Highest Quality Products, Purest Most Healthy Ingredients, Direct to your Door! Up to 90% OFF.
Join LiveGood Today - A company created to satisfy the world's most demanding leaders and entrepreneurs, with the best compensation plan today.

0 0 votes
Article Rating
Notify of
Inline Feedbacks
View all comments
Would love your thoughts, please comment.x