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THE government successfully raised a total of P584.86 billion, concluding the 10-day-long tender of five-year retail treasury bonds (RTBs) on a high note on February 23, according to the Bureau of the Treasury (BTr). The amount borrowed by the national government from the domestic market exceeded its target to raise…
Finance Secretary Ralph G. Recto has urged Filipinos to invest in the Bureau of the Treasury (BTr)’s 30th tranche of Retail Treasury Bonds (RTB 30), which promotes cheap investment opportunities for small savers to secure their future.
‘Sale of the bonds to individual investors will help more Filipinos build wealth toward national socioeconomic growth’
FOR as low as P5,000 one can already invest in retail treasury bond (RTB). This, after the Bureau of Treasury (BTr) launched on Tuesday, Feb. 13, 2024, RTB 30 designed for retail investors as a low-risk and higher-yielding savings instrument.
The rate of return offered is 6.25 per cent and will be paid every quarter