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BPI Capital is Selling Retail Treasury Bonds (RTB)

BPI Capital, a subsidiary of Bank of the Philippine Islands (BPI) is selling Retail Treasury Bonds (RTB). This is another option for those who want to invest their money other than stocks, mutual funds, and time deposits.



Here are some Q&As about RTBs.


What are Retail Treasury Bonds (RTB)?

RTBs are certificate of indebtedness issued by the Bureau of Treasury (BTr) with fixed annual interest and matures at specific number of years, typically, 5, 10, 15 or 20 years.

Government securities such as RTBs are considered to be the safest form of investment since the government is directly responsible for paying it.

How much is the interest rate?

The interest rate is around 3% to 6%, better than deposit accounts and even time deposits. But take note that the yield will be subject to 20% withholding tax.

What is the minimum amount that can be invested?

Unlike other bonds, RTBs are very affordable and is intended for big as well small investors. You can invest for as low as 5000 pesos and in multiples of 5000 Pesos thereafter.

Is it guaranteed by the PDIC?

No. PDIC or Philippine Deposit Insurance Corporation only guarantees up to 500,000 Pesos of deposits to its member banks. Bonds such as RTBs and other forms of investments are not guaranteed by PDIC. See PDIC policy here.

Can I get my money prior to maturity date?

Yes. But you will be subject to penalty fees due to early redemption.

Can I sell my RTBs?

Yes. RTBs are marketable. They can be sold in the Philippine bond market. The selling agent (e.g. BPI Cap) can help RTB owners to sell it in the secondary market.

In layman's term, if you own bonds issued by the government it means that you have lent the government your money and the latter promised fix interest every year until it matures. At the date of maturity, you can claim the entire amount plus the accrued interest minus taxes.

For further information please contact BPI Capital through the following.
- Call your Relationship Manager
- Call: 845 5696, 845 5736, 816 9616, 845 5708, 816 9403, 816 9721

The offer period is from July 30 to August 13, 2013 and the issue date is August 15, 2013. First come, first served basis.

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