- Retail Treasury Bonds 26
Php 5,000*
4.625% per annum**
*Also in integral multiples of Php 5,000
**Subject to 20% final withholding tax except for tax-exempt institutions
Issuer | Republic of the Philippines through the Bureau of the Treasury (BTr) |
Offer Period | November 16, 2021 to November 26, 2021 or any earlier date as determined by the BTr |
Issue Date | December 2, 2021 |
Maturity Date | June 2, 2027 |
Minimum investment of Php 5,000.
Essentially risk-free as the bond is a direct obligation of the Republic.
Higher yield than time deposits.
Simply use your existing savings or checking account as your settlement account.
Pays interest every quarter.
Can be bought and sold on any banking day, subject to prevailing market rates.
1. Visit any BPI branch during the Offer Period and request the forms to invest in RTB-26. Be sure to bring a photocopy of one (1) valid government-issued I.D.
2. Fill out all the necessary details and submit the complete documentary requirements.
3. Give the cash to be invested to the branch personnel. If it would be debited from your account, please make sure your account is funded
RTBs are medium- to long-term debt securities issued by the Republic of the Philippines (“ROP” or “the Republic”) through the Bureau of the Treasury (“BTr”). The RTBs are part of the government’s savings mobilization program designed to make government securities available to retail investors; hence, the name Retail Treasury Bonds. RTBs are fixed-income securities that pay a fixed interest rate per annum over a specified period of time with a promise to return the principal at the end of the term.
The proceeds will be allocated to the country’s emergency, recovery, and resiliency funds. The funds will finance expenditures focused on:
1. Supporting sectors most affected by the COVID-19 pandemic (i.e., the unemployed, MSMEs, and the country’s healthcare system)
2. Construction of Infrastructure projects
3. Refinancing of existing debt
4. Other key national expenditures, focused more on the country’s efforts against the pandemic
Investing in RTBs is considered safe and low-risk because they are a direct obligation of the Philippine government. However, they are still affected by risk and opportunity cost. Thus, it is highly recommended that you understand it first and all the risks involved before investing in RTBs.
For more information, visit the Bureau of the Treasury’s website. You may also contact BPI Capital by e-mailing bpicapital@bpi.com.ph.
For inquiries and comments, send us a message or call our 24-hour BPI Contact Center at (+632) 889-10000.
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