DBP urges public to invest in RTBs

MANILA, Philippines — State-run Development Bank of the Philippines (DBP) called on the public to invest in the latest tranche of the retail Treasury bond (RTB) program, which provides shorter tenor and higher interest rate.

DBP president and CEO Michael de Jesus said the latest RTB issuance (RTB 32) allows investors to purchase the bonds for a minimum amount of P5,000, and earn as much as 6.875 percent gross per annum, payable quarterly for 2.5 years.

“This latest issuance of RTB32 offers a viable opportunity for Filipinos to access an affordable and low-risk investment, while also enjoying higher interest rates over a shorter period,” De Jesus said.

DBP is the 10th largest bank in the country in terms of assets and provides credit support to four priority sectors of the economy – infrastructure and logistics; micro, small and medium enterprises; the environment; and social services and community development.

De Jesus said the initiative forms part of the Bureau of Treasury (BTr)’s 25th anniversary celebration of the RTB program, with DBP as one of the joint lead issue managers.

The DBP chief said “…issuance and settlement of the bonds are scheduled for Oct. 12, 2026, with a maturity date of April 12, 2029...”

He added that the BTr would also conduct a switch program, allowing holders of eligible bonds to exchange their existing holdings for RTB 32, while also receiving accrued interest until the issuance date.

“Interested investors may purchase the bonds through any of the 153 DBP branches nationwide, with public offer period ending on Oct. 7 this year,” de Jesus said.

This initiative also enables many Filipinos to become active participants in the country’s financial system and help advance the socio-economic agenda of the Marcos administration, he added.