Sunday 22 October 2017
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2 months ago

Philippines: DOF eyes P30-B bond float for Marawi rehabilitation

Source: Government of the Philippines Country: Philippines
MANILA, August 12 -- Finance Secretary Carlos Dominguez III has directed the Bureau of Treasury (BTr) to study the possible issuance of P30 billion-worth of debt securities to help fund the planned massive rehabilitation and reconstruction effort for Marawi City. Dominguez said the “Marawi” bonds would appeal to the “patriotic” sense of duty of citizens who would like to help rebuild the lives of their fellow Filipinos in Marawi. “These are w

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