WASHINGTON - Officials from the Republic of the Philippines are here on a whirlwind tour of the U.S. to learn how to issue municipal bonds, and sponsors of the coast-to-coast trip say there may be something in it for everyone.

"The U.S. municipal bond market has a lot of skills that look like an exportable item," said John Petersen, president of Government Finance Group Inc., a Legg Mason company that is sponsoring the two-week visit by officials of several Philippine provinces.

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