The government is considering issuing $500 million in retail bonds exclusively for overseas Filipino workers (OFW) next year, the Bureau of Treasury said on Wednesday.

National Treasurer Rosalia de Leon said the bond will have to benefit the OFWs directly, providing them a safer, more secure, and higher yielding investment instrument option, unlike a previous issue of bonds that benefited their families in the Philippines.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details