What is Retail Treasury Bond (RTB)? Month No. 2 Save 10% from your salary challenge

What's up mga Kababayang OFWs? We are at the end of the month na naman. Make sure not to forget our "Save 10% from your Salary Challenge."

I planned to invest in Retail Treasury Bond (RTB) the savings that I will be getting from January 2020 salary.

So ano nga ba tong RTB? 

Retail Treasury Bonds (RTBs) are medium to long-term investments issued by the Philippine government. They form part of the Government’s program to make securities available to small investors. 

Whether you’re an individual or a corporation, RTBs allow you to invest and grow your money with very low risk of losing. It’s considered a fixed income security, which means that you earn a fixed interest rate based on the principal market given on a quarterly basis.

This is for investors looking for:

• A low-risk investment
• An accessible investment
• A higher-yielding investment

It's a low risk talaga dahil ang government ng Pilipinas ang nanghiram eh! Sino nga ba naman ang puwedeng mag imprenta ng pera? So I think this is a good investment. So I will try this one.

What are the terms of offering?

• Issuer:                                  Philippine Government through the Bureau of the Treasury (BTr)
• Maturity Date:                     February 11, 2023
• Issue & Redemption Price: At par (or 100%)
• Interest Rate:                       4.375% (subject to 20% final withholding tax except for tax-exempt institutions)
• Interest Payments:              Quarterly
• Minimum Investment:        Minimum of PhP5,000.00 and in integral multiples of PhP5,000.00

So, mga OFW's what are you waiting for? Sali na sa "Save 10% from your Salary Challenge" and sabay tayong subukan ang RTB!

Sources: 

1. Bureau of the Treasury: https://www.treasury.gov.ph/rtb/
2. Security Bank - Retail Treasury Bonds (RTB): https://www.securitybank.com/personal/investments/fixed-income-securities/retail-treasury-bonds-rtb/