Shanghai, 27 November--- In partnership with the Consulate General, the Philippine Bureau of the Treasury (BTr) held a well-attended financial literacy Webinar, “RTB 26 – Pamana ang Panatag na Bukas,” on 25 November for overseas Filipinos in Shanghai and in the provinces of Anhui, Jiangsu, Zhejiang, and Hubei, as well as countrymen based in Cambodia.

The Webinar trained the spotlight on the Philippine government’s program to make government securities available to individual retail investors, including overseas Filipino workers. Particular focus was on the BTr’s latest bond offering, the fixed-rate Tranche 26 of Retail Treasury Bonds (RTB 26) maturing in 2027.

A low-risk, fixed-income investment which generates quarterly interests over 5.5 years, the RTB26 was on offer from 16 to 26 November 2021.

The one-hour Webinar’s speakers included BTr Fund Management Division Chief Maura Lizza Espina, Development Bank of the Philippines (DBP) Assistant Manager Jude N. Calamba, and LBP Senior Manager Almira Garcia. Consul General in Shanghai Josel F. Ignacio opened the proceedings with welcome remarks.

Funds raised from the issuance are to be used by the Philippine government to help finance the country’s emergency, recovery, and resiliency responses to the COVID-19 pandemic, among other economic objectives.

For further information on RTB 26, please visit the BTr’s Official Facebook Page at: https://www.facebook.com/TreasuryPh. END