BAGUIO CITY (PIA)–The Bureau of Treasury, in partnership with the Development Bank of the Philippines and the Land Bank of the Philippines, brought their information caravan here to invite Filipinos to invest in the Retail Treasury Bond Tranche (RTB) 26.
The RTB 26, which is negotiable and transferrable, is set to be issued this December 2 and its offering period is from November 16 to 26, 2021, It offers investors a minimum investment of P5,000 and in multiples of P5,000 thereafter with an interest rate of 4.625 percent per annum.
The RTBs are low risk investment instruments being issued by the national government through the Bureau of Treasury (BTr) to raise funds for the country’s priority projects nationwide.
For RTB 26, its proceeds will also finance the government’s various expenditures focused on supporting sectors that are most affected by the Coronavirus disease and on enhancing the country’s response against the pandemic.
National Treasurer of the Philippines Rosalia De Leon, in a media interview, affirmed that more and more Filipinos including those overseas are now investing in retail treasury bonds as the BTr is continuously bringing in innovations and creativity such as online platforms and applications to reach out to more investors. RTBs can now be easily accessed by overseas Filipinos in over 50 countries, she shared.
De Leon also outlined that for RTB 26, Filipino investors not only can do their share in nation building but can also help in the recovery efforts of that national government against COVID–19.
“Sa Retail Treasury Bond na ito is also one way na nakikita natin for small investors like you and me na makatulong sa ating recovery efforts. Just like in any RTB issuance where we can contribute our share in nation building, we are also contributing our share to the recovery efforts of the national government,” De Leon said.
For those interested to purchase RTB 26, they can do it through DBP and LBP branches or online through the www.treasury.gov.ph where one can find and go (click) the RTB 26 banner and read through the details of the investment.
There are also the Bonds.PH Mobile Application, OFB Mobile Banking Application (“OFB MBA”) or LBP Mobile Banking Application. Investors can also buy RTBs from secondary market at prevailing market price via banks or brokers.
De Leon led the RTB 26 Baguio Caravan and they conducted a series of focused group meetings with officials and representatives of cooperatives, local government units, the University of the Philippines – Baguio and Camp John Hay Corporation retirees association. **JDP/CCD-PIA CAR
