Sec. Benjamin Diokno | INQUIRER.net/Ryan Leagogo The government raised $1.26 billion from its sale of retail dollar bonds (RDB), much higher than initially targeted after investors swarmed the offer. Strong demand allowed the government to increase the RDB offer, Finance Secretary Benjamin Diokno said at a press conference on Friday. The government was initially hoping to raise a minimum of $200 million from the sale of US dollar-denominated bonds targeted at individual investors. But Diokno said total orders for the debt paper hit $1.

https://business.inquirer.net/425541/govt-raises-1-26b-from-second-retail-dollar-bond-sale

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