Pera Palaguin, Pangarap Abutin--Philippine BTr 2017
The Philippine Bureau of Treasury has raised over P70 Billion from its latest tranche (RTB 19) of 3-year fixed Retail Treasury Bond (BTr) offering last March 28, 2017.
The BTr has a fixed coupon rate of 4.25% per annum, at a face value of P5000 per bond. A rate that's considerably higher compared to the last tranch (RTB 18), which was 3.50% fixed for 10yrs.
Retail treasury bonds are open to the public and is a good way of introducing the average Juan dela Cruz to the world of investing. It's considered to be very low risked, and can be treated the same as a time deposit.
The public can get the bonds from 17 different banks tapped by the Bureau of Treasury, between the public offer period of March 28 to April 06, 2017.
For those interested, simply contact your bank agent provided in the list. You'll be required to sign up some forms, and have the invested amount on your bank account for debiting.
Every quarter, the interest would be credited direct to your bank account, until the bond matures. At such time, the total amount invested would credited to your bank account. Take note that the interest is subject to a 20% final withholding tax; which is the same as any deposit account that earns interest.
To know more about Retail Treasury bonds, visit their site here.
Not familiar with BTrs investing? Here are some of the best blogs regarding this simple investing tool.
Think Pesos
Security Bank
Isensey
Photo credit: Philippine Bureau of Treasury
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