National Government to re-open P5-B retail T-bonds

The National Government will re-open a P5-billion, four-year Retail Treasury Bonds (RTB) next week to help finance government’s budget deficit for this year.

BPI Capital Corp. (BPICC) vice president Denis R. Sta. Catalina said the re-opening of the RTB will allow small investors to invest in risk-free government debt instruments.

"There is a lot of potential from retail investor," Sta. Catalina said, adding that it is most likely government authorities will exceed the P15.2 billion they raised during the RTB launch last April.

Aside from BPICC, the other selling agents are BDO Capital and Investment Corp., the Development Bank of the Philippines (DBP), the First Metro Investment Corp., the Land Bank of the Philippines (LBP), and PCI Capital Corp.

Minimum purchase for the RTB has been set at P5,000 with no limitation.