RETAIL TREASURY BONDS (RTB)
Wednesday, June 06, 2018
Heads up! Another Retail Treasury Bond or RTB has been released by the Bureau of Treasury Philippines. This is the first RTB for 2018 and its only for a 3-year holding. I've posted about RTB a year ago and you can check it out here:
https://happyprettymommy.blogspot.com/2017/03/retail-treasury-bonds-2017.html
Here's a small information regarding this RTB from www.treasury.gov.ph:
This issue is referred to as RTB-21. For easier understanding, RTB-21 offers the following:
Loan Duration: 3 years only
Loan Interest/Coupon rate: 4.875% annually (gross)
Minimum Investment: P 5,000 and integral multiples thereof
Offer period: May 30 to June 8, 2018
Investing in RTBs is one way for us Filipinos to help our government. Proceeds will help the government for its infrastructure program. Not only you profit from the loans, you are also helping our government realize its projects.
How to Invest in RTB
Investing in RTB is super easy.
First, ask your bank of choice if they are offering RTBs. The following banks are participating for RTB-21:
1. LANDBANK 3. BPI 5. METROBANK
2. BDO 4. DBP 6. SECURITY BANK
Second, if you have already decided that you want to invest in RTB, you may fill out the forms and submit the necessary documents (valid ID is a must).
Third, deposit the amount you want to invest.
And then that's it. You will receive your interest every quarter and a certificate will also be issued for you as a proof of your investment but that may take a week or two. You may refer to this infographic from treasury.gov.ph for more details:
Now, I know you're most interested on how much your money can gain. You may now view an estimate computation of your retail treasury bond's return or gains every quarter by visiting this RTB Yield Calculator from our Bureau of Treasury's website here:
I've tried it by entering sample amount of Php 50,000 and here's what I've got:
As you can see, there's a big difference between the gains of RTB vs Time Deposits. Go ahead and try it!
As with any other investment, one needs to learn and read about the terms and conditions before jumping into the bandwagon. I suggest you visit your bank of choice and ask the manager anything that is not clear to you. And naturally, you can google a lot about it over the internet. And when you think you have all the information you need and all of your questions had been answered, then you may now decide if you really want to invest your hard-earned money in RTB.
Stay positive and pass it on!
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