CAGAYAN DE ORO CITY (PIA) -- The Bureau of Treasury (BTr) recently unveiled its latest retail treasury bond (RTB), a financial instrument specifically structured to address the requirements of retail investors.
"This new RTB offering presents a good opportunity for investors looking to take advantage of attractive returns versus traditional deposit products," Ma. Nanette C. Diaz, director of BTr's Liability Management Service, said in an investors' briefing.
The RTB 30 is a 5-year tenor investment with a gross interest rate of 6.25 percent per annum, payable every quarter until maturity in 2029.
The public may invest in the RTB for as low as P5,000 and in multiples of P5,000 thereafter. The offer period will run from February 13 to 23 with the issue date scheduled for February 28.
Diaz said interested investors can choose between traditional over-the-counter channels via selling agents or utilize the online facility accessible through the BTr's website. Mobile app enthusiasts can also participate through the LandBank Mobile Banking App, OFBank Mobile Banking App, and Bonds PH Mobile App.
Moreover, RTB 30 has a switch option that provides holders of eligible bonds, namely, RTB 03-11 and RTB 05-12, a convenient option to exchange their holdings for RTB 30.
Ma. Nanette C. Diaz, director of the Bureau of Treasury's Liability Management Service, highlights in the Cagayan de Oro launching of Retail Treasury Bond (RTB) 30 that the new offer is an opportunity for investors seeking attractive returns compared to traditional deposit products. What makes it even more accessible is the diversified distribution channels, catering to the preferences of today's investors. (Photo by: DCC/PIA-10)
Inclusive and convenient investing for everyone
The BTr has consistently played a vital role in providing the domestic market with safe, reliable, and convenient investment options. Adapting to market trends, it showcased agility by embracing innovative marketing solutions to maximize market participation.
Michael Chong, head of Union Bank's Debt Capital Market, commended BTr's achievements, citing the successful issuance of the 29th tranche of the RTB and raising $1 billion from the issuance of sukuk bonds. It also raised P15 billion from its first-ever digital asset issuance in the form of tokenized treasury bonds.
"Additionally, the BTr raised $1.26 billion from the second tranche of the retail dollar bonds, providing investors with an opportunity to diversify their currency exposure," Chong noted.
The BTr also believes that investing should be inclusive, accessible, and convenient, which is why various participation options are made available for potential investors, ranging from traditional channels to smartphone-based solutions.
"Whether you prefer to talk to your partner grants manager or participate using your smartphone, both options are on the table," said BTr-10 Director Dexie Nericua.
Meanwhile, Nericua encourages the public to leverage the RTB offering, not just for diversification and increased income streams but also as a contribution to the growth and development of the country. (APB/PIA-10)
