7 months Govt raises P113B from RTB offering Manilatimes |Biz
Bureau of Treasury. PHOTO BY GERARD SEGUIATHE government raised P113 billion — more than three times the amount initially considered — as it launched its latest retail treasury bond (RTB) offering. The Bureau of the Treasury (BTr), which last week announced an issue size of P30 billion, on Tuesday said it sold P113.77 billion worth of RTBs during the first day of a public offer period that ends on March 8. The five-year RTBs, priced at a coupon of 6.250 percent, can be purchased by small investors in minimum denominations of P5,000. The last five-year RTB offered in December 2017 ... more