Onshore vs Offshore Bonds - Investment Choice

I'd always thought that one of the pros of offshore bonds is that they tend to offer a wider range of funds than onshore bonds, and in particular they usually offer the option to add a DFM whereas onshore bonds usually don't. I was looking for something online to back this up today and couldn't really find anything, which led me to wonder if I'm mistaken!

Does anyone know if this is the case, and if so, why? Is there different regulation governing what you can hold in an onshore vs offshore bond?

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