THE government’s planned samurai bond offering will push through later this year, Finance Secretary Carlos Dominguez 3rd said. We will still go ahead with the samurai [bond offering],” Dominguez told reporter. The Philippines last sold samurai bonds — yen-denominated securities that are issued by non-Japanese entities in Tokyo — in 2010, raising ¥100 billion or $1.1 billion that was used to help plug a budget deficit. This year’s issuance would finance the planned development of the government’s Nampeidai property in Tokyo, Dominguez has said. I really don’t know the sizes but we can construct a building for our staff so they can live there.

Source: Manila Times May 01, 2018 16:30 UTC