DBP urges public to invest in RTBs
State-run Development Bank of the Philippines called on the public to invest in the latest tranche of the retail Treasury bond program, which provides shorter tenor and higher interest rate.
The Development Bank of the Philippines (DBP) has urged the public to invest in the latest retail Treasury bond (RTB) program, RTB 32. This offering provides a shorter term and a higher interest rate compared to previous RTB programs. DBP president and CEO Michael de Jesus explained that investors can purchase bonds with a minimum investment of PHP 5,000, earning up to 6.875% gross per annum, payable quarterly, for a period of 2.5 years.
De Jesus highlighted that RTB 32 is an affordable and low-risk investment opportunity for Filipinos, offering higher interest rates over a shorter period. The DBP is the 10th largest bank in the country by assets and supports four priority sectors of the economy: infrastructure and logistics, micro, small and medium enterprises, the environment, and social services and community development.
This initiative is part of the Bureau of Treasury's (BTr) 25th anniversary celebration of the RTB program, with DBP serving as one of the joint lead issue managers.
The issuance and settlement of RTB 32 bonds are scheduled for October 12, 2026, with a maturity date of April 12, 2029. The BTr will also conduct a switch program, enabling existing bondholders to exchange their bonds for RTB 32 while receiving accrued interest until the issuance date. Interested investors can purchase RTB 32 bonds through any of the 153 DBP branches across the country, with the public offer period ending on October 7, 2026.
De Jesus emphasized that this initiative allows many Filipinos to participate actively in the country's financial system and contribute to the socio-economic agenda of the Marcos administration.
Written by urgent.news from Philippine Star Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
