MANILA, Philippines—The Bureau of the Treasury (BTr) said Monday it has raised P507.16 billion from its latest retail treasury bond sale.
The sale of the five-year retail treasury bonds (RTB 31), which has a gross coupon rate of 6-percent per annum, ran from Aug. 5 to 15, 2025.
It said of the total, P425.51 billion was raised from new money, including P210 billion from an auction on Aug. 5. The remaining P81.65 billion came from a bond exchange program.
The proceeds from the RTB 31 issuance will be used to support the government’s budgetary requirements for various projects and programs in sectors such as education, health, infrastructure and agriculture, the BTr said.
It said this was the first retail bond issuance to be made available through the widely-used digital wallet platform GCash, via the GBonds function.
The bonds could be purchased for as low as P5,000 through various channels, including bank branches and mobile apps.
The BTr also conducted regional roadshows and online financial literacy sessions to broaden participation and raise public awareness of the issuance.
The bonds will be issued on Aug. 20, 2025, and will mature on Aug. 20, 2030.
Development Bank of the Philippines and Land Bank of the Philippines were the joint lead issue managers.
Joint issue managers included BDO Capital & Investment Corp., BPI Capital Corp., China Bank Capital Corp., First Metro Investment Corp., PNB Capital and Investment Corp. and Security Bank Capital Investment Corp.
