FILIPINOS URGED TO GROW THEIR SAVINGS, PROMOTE PH DEVELOPMENT BY INVESTING IN RETAIL DOLLAR BONDS 2
The Philippine Consulate General in San Francisco joined other Philippine Foreign Service Posts in North America in a virtual roadshow on the 2nd tranche of the Retail Dollar Bonds (RDB 2), organized by the Bureau of the Treasury (BTr) on 27 September 2023.
Consul General Neil Ferrer said that “investing in the RDBs will not only allow Filipinos, including dual citizens, to grow their financial wealth, but will also support the Philippines’ development roadmap particularly in the areas of infrastructure and agriculture.”
The RDBs are safe and low-risk savings investment with a fixed interest rate of 5.750 percent per annum for the next five and a half years. For a minimum investment of only US$200 and increments of US$100 thereafter, interest payments will automatically be credited to the buyer’s settlement account quarterly.
The primary offer period for the RDB 2 ends on 6 October 2023. To learn more, visit the BTr website (http://www.treasury.gov.ph) or download the BTr app on the Apple App Store (http://bit.ly/btr-app-ios) or on Google Play (http://bit.ly/btr-app). (San Francisco PCG screenshots)