STATE-OWNED Development Bank of the Philippines (DBP) has urged the public to invest in the Bureau of the Treasury’s (BTr) latest Retail Treasury Bonds (RTBs) and help the national government to raise funds for its priority development programs.
“Investing in the RTBs presents an excellent opportunity for ordinary Filipinos to grow their hard-earned savings as it is an accessible and low-risk instrument that offers steady returns, aside from directly contributing to the realization of the development agenda of the Marcos administration,” DBP President and Chief Executive Officer Michael de Jesus said.
The latest RTB issuance is BTr’s 31st tranche and marks the first time that small-denominated government securities are available on an electronic wallet such as Gcash.
It is part of the national government’s program to liberalize access to government securities, especially ordinary Filipinos.
For a minimum amount of P5,000, investors would earn as much as 6 percent per annum, payable quarterly in the next five years, which is higher than typical deposits and other investment products in the market.
DBP is one of the Joint Lead Issue Managers of the RTB-31, with eight other financial firms tapped as issue managers.
Public offer period for the RTB-31 will be until Aug. 15, 2025.
De Jesus said the RTB-31 would support the funding requirements of the national government particularly in agriculture, education, infrastructure, and healthcare.
Investors may invest through the BTr website www.treasury.gov.ph; DBP, Land Bank of the Philippines (LandBank), Metropolitan Bank & Trust Company (Metrobank), and China Banking Corporation (Chinabank).
“The RTBs would also enable our countrymen to directly participate in nation-building as every peso they invest would help fuel the country’s march to sustainable and inclusive development,” de Jesus said. (PNA)
