Retail Treasury Bonds available in Banco de Oro

BDO Capital & Investment Corp. (BDO Capital), a wholly-owned subsidiary of Banco de Oro Universal Bank (BDO), has been selected as one of the leading selling agents for the re-issuance of the government’s Retail Treasury Bonds (RTBs). From this tranche, the government expects to raise around P5 billion.

The Retail Treasury Bond is an attractive investment outlet for Filipinos seeking safe, risk free, high earning and affordable savings instrument. These investment instruments are direct and unconditional obligation of the government, thus are safe. RTBs are also risk-free since payment is guaranteed by the government. Their interest rates are higher than prevailing time deposit rate. For this issue, the coupon rate is 14.25 percent p.a. with 15.375 percent yield-to-maturity. This government security will mature on May 4, 2005, which means a tenor of three years and six months. RTBs are affordable as any investor with a minimum P5,000 can purchase or invest in RTBs.

Investors who purchase their RTBs from BDO Capital can use these as collateral for their loans in BDO. Quarterly interests can also be automatically credited to their BDO accounts. For clients who may need liquidity, they can sell their RTBs to BDO Capital since it commits to make market for them.

The public offering of the RTBs is from Oct. 22 to Oct. 26, 2001. Any individual can purchase the RTBs in the public offering period without limit as to the amount of investment. The re-issue date will be on Nov. 5, 2001. Interested investors may visit or call any of the 120 Banco de Oro branches, or BDO Capital & Investment Corp. at 636-0961 or 636-6060 local 215 or 483.