FILIPINOS URGED TO INVEST IN PH DEVELOPMENT VIA RETAIL TREASURY BONDS 29
The Philippine Consulate General in San Francisco joined other Philippine Foreign Service Posts in North America in a virtual roadshow on the 29th tranche of the Retail Treasury Bonds (RTB 29), organized by the Bureau of the Treasury (BTr) on 9 February 2023.
Consul General Neil Ferrer, who attended the virtual roadshow, said that “investing in the RTBs will not only allow Filipinos, including dual citizens, to grow their financial wealth, but will also fund the Philippines’ development particularly in the areas of infrastructure, agriculture, education, and healthcare.”
The RTBs are safe and low-risk savings investment with a fixed interest rate of 6.125 percent per annum for the next five and a half years. For a minimum investment of only P5,000, interest payments will automatically be credited to the buyer’s settlement account quarterly.
The primary offer period for the RTB 29 ends on 17 February 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)