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The Bureau of the Treasury (BTr) officially concluded the offer period for the 30th tranche of Retail Treasury Bonds (RTB 30) on 23 February 2024. The offer period ran from February 13 to 23, 2024. The BTr raised a total of Php 584.86 billion through RTB 30, of which Php 212.72 billion was awarded at the rate-setting auction on February 13, 2024. During the nine-day offer period, an additional Php 372.14 billion orders came in, of which Php 128.69 billion was raised in new money and Php 243.45 billion through the Switch Program. RTB 30 is set to settle on February 28, 2024, and will mature on February 28, 2029, five years after the issue date.
The RTB 30 was made available for as low as Php 5,000 through the traditional over-thecounter placement in bank branches, as well as digital channels such as the BTr Online Ordering Facility, the Bonds.PH mobile app, the Overseas Filipino Bank mobile banking app, and the Landbank mobile banking app. Proceeds from the RTB 30 issuance will be directed towards much needed funding support for the Republic’s various programs under the agriculture, infrastructure, education, and healthcare sectors, among others. Development Bank of the Philippines and Land Bank of the Philippines were the Joint Lead Issue Managers, while BDO Capital & Investment Corporation, BPI Capital Corporation, China Bank Capital Corporation, First Metro Investment Corporation, PNB Capital and Investment Corporation, and Union Bank of the Philippines were the Joint Issue Managers for RTB 30.
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