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April 12, 2024

Invest in your future and nation: Landbank promotes RTB-30

The Land Bank of the Philippines, a government-owned financial institution and the country’s second-largest universal and commercial bank, is once again urging the public to participate in the 30th tranche of Retail Treasury Bonds (RTB-30).

As one of the joint lead issue managers for RTB-30, Landbank is championing the theme “Kaagapay Mo Sa Buhay” for this issuance.

The offer period for RTB-30 began on February 13 and will endi this Friday.

Lynette V. Ortiz, president and CEO of Landbank, encourages Filipinos to explore the opportunity of investing in treasury bonds. She highlights that this investment not only promises attractive financial returns but also fosters participation in nation-building endeavors.

“Investing in treasury bonds has become more accessible and convenient through the diverse channels provided by Landbank,” Ortiz said.

Interested investors are required to purchase a minimum of P5,000 worth of treasury bonds, offering an annual fixed interest rate of 6.25% over a five-year term. Quarterly interest payments will be disbursed throughout the bond’s tenure.

Landbank stressed that the proceeds from the Bureau of the Treasury issuance will be directed towards crucial national priorities, including infrastructure development, agricultural enhancement, and healthcare system improvement.

Investors can avail themselves of RTB-30 through various channels facilitated by Landbank, including online placements via the Landbank Mobile Banking App. This feature is also accessible through the Mobile Banking App of the Overseas Filipino Bank (OFBank), extending investment opportunities to Filipinos residing in 130 countries worldwide.