Palace spokesman Harry Roque on Monday said the Bureau of the Treasury would offer retail treasury bonds (RTBs) to the public to help fund the government’s Covid-19 relief efforts.

Roque urged the public to invest in RTBs as they are issued by the government and are “safer” investments.

“Ang RTBs po ay government bonds, meaning ito po ay direct obligation ng gobyerno sa investors. Isa po ito sa pinakaligtas na investment na puwede nating paglagyan ng pera,” Roque said in a Palace briefing.

“Sa maturity, siguradong makukuha ninyo nang buo ang inyong initial investment,” he added.

Roque explained that the RTBs were intended for small investors, as they could start investing with at least P5,000.

“Mas mataas po ang interest na makukuha rito kumpara sa kung ilalagay ninyo ang pera ninyo sa ordinary deposits sa mga bangko ngayon,” he said.

The proceeds of the auction will go to the government’s Covid-19 fund.

The RTB sale will start on July 15. John Ezekiel J. Hirro