Investing in the government’s retail bonds is as effortless as ordering a loved one's favorite meal for delivery!
Finance Secretary Ralph G. Recto said that retail treasury bonds (RTBs) are readily accessible through a few taps on mobile phones, offering Filipinos both here and abroad secure, affordable, and convenient investment opportunities.
With a minimum investment of P5,000, the five-year RTB offers a gross interest rate of 6.25 percent per annum, with quarterly payments continuing until its maturity in 2029.
“RTBs are just a few swipes away, making investing as easy as ordering our favorite food delivery,” Recto said.
“This empowers our people to effortlessly secure their future, all from the comfort of their homes and with just a tap of their fingertips,” he added.
Interested investors can access RTBs through mobile banking using the LANDBANK, OFBank, and Bonds.PH applications.
The public offering is from Feb. 13 to 23, 2024, with settlements on Feb. 28, 2024.
Meanwhile, investors who are clients of the China Banking Corp., the Development Bank of the Philippines, the Land Bank of the Philippines, and the First Metro Securities can purchase RTBs through the Bureau of the Treasury’s Online Ordering Facility.
RTBs are virtually risk-free because they are backed by the Philippine government.