February 3, 2023

The 26th tranche of retail treasury bonds (RTB) offered by the Bureau of Treasury in November 2021 has generated P360 billion, exceeding its target of P30B worth subscriptions.
This month, the Bureau of Treasury is offering the 27th tranche low cost RTB which may be availed from Feb. 15 to 28.
Compared to RTB26 that has an annual interest rate of 4.625 percent, RTB27 has an annual interest rate of 4.875 percent and will mature 5.5 years from the date of issuance, or on March 2027.
Minimum investment is P5,000 and in multiples of P5,000 thereafter.
RTBs could help in the national economic recovery by financing government’s expenditures on the unemployed, micro, small, and medium enterprises, the country’s Covid-19 response, and various priority projects nationwide.
Government’s offering of RTBs is also part of the diversification of funding sources, make securities affordable and accessible to retail investors, promote financial literacy among Filipinos, and develop the Philippine capital market via low-risk investment with higher yields than time deposits.
There are three modes in investing in RTBs: over the counter through participating banks, online, and mobile applications.
Selling agents are Asia United Bank, Banco de Oro, BDO Capital and Investment Corporation, Bank of the Philippine Islands, China Bank, Citibank, Development Bank of the Philippines, East West Bank, First Metro Investment Corporation, ING Bank NV, Landbank, Metrobank, Philippine Bank of Communications, Philippine National Bank, Rizal Commercial Banking Corporation, Robinsons Bank, Security Bank, Standard Chartered Bank, and Union Bank. – Rimaliza A. Opiña