CL investors may now buy treasury bonds

CITY OF SAN FERNANDO--- Investors in Central Luzon may now purchase retail treasury bonds (RTBs) from the government.

This was announced over the weekend by the Bureau of the Treasury (BTr) in Central Luzon.

The agency said the 30th tranche of RTBs is up for sale until February 23, 2024.

RTBs are medium to long-term debt securities issued through the BTr.

These are part of the national government’s program to make government securities available to retail investors, especially to individuals.

RTBs are low-risk investment instruments. They are direct, unconditional, and general obligations of the Republic.

Investors are not only able to safely grow their investments, but are also able to support the country. Proceeds from RTB 30 will finance the government’s various expenditures focused on promoting the agriculture, education, infrastructure, and healthcare sectors, and various priority projects nationwide, the BTr said.

RTBs offer higher yields than term deposit instruments and they provide frequent cash flow via quarterly interest payments over the life of the bond.

Only a minimum of P5,000, and in multiples of P5,000 thereafter, is required for an individual to start investing.

This provides an annual interest rate of 6.25 percent and is paid quarterly during its five year maturity period.

The bonds will mature in 2029, while the issue date is on February 28, 2024.

The BTr added that throughout the offer period, individuals, corporations, financial institutions, and other institutional investors can purchase RTBs through its Online Ordering Facility at www.treasury.gov.ph.

The bonds can also be bought via the Bonds.PH Mobile Application at Bonds.PH, Overseas Filipino Bank Mobile Banking Application at OFBank, LandBank of the Philippines Mobile Banking Application at LBP MBA. w w w.t r easur y.gov.ph