Retail Treasury Bills

Good News: Retail Treasury Bills will be auctioned off this September 15, 2009.

A total of P25 billion worth of Retail Treasury Bills with fresh terms of three years, five years and seven years will be issued and coordinated through BPI Capital Corp., First Metro Investments Corp., Rizal Commercial Banking Corp., BDO Capital & Investment Corp., and state-run Development Bank of the Philippines and Land Bank of the Philippines.

What are Retail Treasury Bills (RTBs)?
RTBs are medium term government issued loans. These are issued to help the government raise funds to finance its projects and expenses.

Why invest in RTBs?
Check your bank deposits. How much have they earned in three years? Five years? Seven years? RTBs will always give you a better deal than your bank deposits.

RTBs are a good way to get you started in the investment game. Most people get derailed because they end up spending their deposits rather than invest them.

Investing in RTBs provides the comfort of dealing with a bank, while providing the discipline to keep the money until the term matures.

Investing in RTBs adds to the diversity of your investment portfolio. Remember not to put all your eggs in one basket. Part of the strategy is to have investments maturing at different times.

If you have money to spare, buy RTBs this September 15, 2009. Your money will surely earn more than your bank deposits. Call your bank now (see list of coordinators above) and inquire about the Sept.15 RTBs.