The Philippine government plans to proceed with its retail dollar bond sale in September, with a reduced minimum investment requirement of $200.
The move aims to attract more individual investors and raise $2 billion to support the government’s budget.
The marketing process has already begun, targeting overseas Filipino workers and utilizing various channels such as the Bonds.PH app and Landbank mobile app, while negotiations are underway to waive fees associated with opening dollar accounts to facilitate the purchase of retail dollar bonds.
The government is also considering issuing yen-denominated bonds and exploring the possibility of a retail euro bond.
