The Republic of the Philippines is now offering its 5-year Retail Treasury Bonds (RTB).
Issue details:
Offer period: February 13 to 23, 2024, or earlier
Coupon rate: 6.25% gross per annum (subject to 20% final withholding tax)
Coupon frequency: Quarterly
Minimum investment: PHP 500,000 and in increments of PHP 5,000
Settlement date: February 26, 2024
Issue date: February 28, 2024
The new issuance includes a bond exchange program for qualified holders of RTB 03-11 and RTB 05-12.
For firm orders and further information, please call your Investment Specialist or visit a branch near you.
