BENJAMIN DIOKNO
Diokno said GDP-linked bonds could be used to expand or rearrange the distribution of liquidity circulating in the banking system as additional funding source.
“Our objective is to re-deploy liquidity that is already available in the market as part of our shared objective to address risk aversion and move further towards the New Economy,” he said in an email.
“We continue to consider the prospects and timing of GDP-linked bonds (but) this has to also come hand in hand with the recent issuance of BSP securities and the evolving market conditions,”added Diokno.
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