Were you able to invest in the Philippines’ Retail Treasury Bond (RTB) offering?
The RTB issuance has been cut short because the government has already raised enough funds. If you were able to invest, good for you. You are now guaranteed a 6.80% net return (if you invested in the 3-year bond) of 7.20% (if you invested in the 5-year bond).
If you were not able to join the offering, don’t fret. There’s another guaranteed, government-backed security although it pays less than the RTB’s.