Low risk, fixed term investments issued by the Republic of the Philippines through the Bureau of the Treasury to help you invest in a better future.
Retail Treasury Bonds (RTBs) form part of the National Government’s program to make government securities available to retail investors, especially individuals.
Key features of the RTBs:
Objectives of the RTB:
For more information about Retail Treasury Bonds, visit the Bureau of the Treasury‘s website.
|Issuer||Philippine Government through the Bureau of the Treasury (BTr)|
|Issue||Retail Treasury Bonds Tranche 25 with Bond Exchange|
|Gross Rate||2.375% p.a|
|Use of Proceeds||Proceeds shall be used to finance the government’s various expenditures and to refinance maturing debt obligations.|
|Offer Period||February 9 to March 4, 2021|
|Issue Date||March 9, 2021|
Note: The Issuer reserves the right to revise the timetable. You will be advised accordingly of any change in the timetable.
|ISIN||Series||Interest Rate||Maturity||Exchange Ratio|
|PIBD0721C574||FXTN 07-57||3.500%||20 March 2021||101.10%|
|PIBD1021D531||FXTN 10-53||6.500%||28 April 2021||100.10%|
|PIID0321F092||RTB 03-09||4.875%||13 June 2021||100.50%|
|PIID1021J039||RTB 10-03||5.750%||20 October 2021||101.00%|
|PIBD1021K551||FXTN 10-55||5.750%||24 November 2021||101.00%|
Bondholders of the following securities (“Eligible Bonds”) are eligible for the Exchange Offer, which may be exchanged for the new RTB 25. On Issue Date, the face value of the Eligible Bond holdings will be exchanged for the face value of the RTB 25 based on the Exchange Ratio.
Minimum investment of Php5,000
Direct, unconditional and general obligations of the Republic
Offers higher fixed quarterly interest income compared to other term deposit instruments
Available nationwide via branches of selling agent banks
May be easily bought and sold via the secondary market through banks or brokers