Invest in RDB 2 for as low as USD200.00
The Retail Dollar Bonds 2 (“RDB 2”) forms part of the National Government’s program to make government securities available to retail investors.
Benefits to Investors:
Sovereign Backing. RDB 2 is a dollar-denominated investment security issued by the Republic of the Philippines. Investments in RDB 2 are direct obligations of the Republic and are thus considered Investment grade.
Affordable. RDB 2 is an affordable investment with a minimum placement amount of USD200.00
Frequent Interest Payments. RDB 2 pays frequent quarterly interest.
Relatively Higher Yield. RDB 2 offers a relatively higher yield compared to dollar savings and deposit instruments with final withholding tax on interest assumed and paid for by the Republic.
Convenient. RDB 2 can be purchased from any of the Selling Agent banks, including BDO. Investors can even use their new and existing dollar savings account as settlement account for the payment of RDB 2 and receipt of interest.
During the Public Offering Period, RDB 2 will be made available by the Bureau of the Treasury (“BTr”) through the selling agents to the following:
Individuals, Corporations, Financial Institutions, and other Institutional Investors.
Terms of the Offering:
Issuer |
Republic of the Philippines through the Bureau of the Treasury |
Issue |
Retail Dollar Bonds 2 |
Issue Date |
October 11, 2023 |
Maturity Date |
5.5 years from Issue Date (April 11, 2029) |
Public Offer Period |
September 27 to October 6, 2023 |
Issue Price |
At par (or 100%) |
Redemption Price |
At par (or 100%) |
Coupon Rate Interest |
5.75% p.a. |
Payments |
Quarterly |
Listing and Trading |
Philippine Dealing and Exchange Corporation |
Denomination |
Minimum denominations of USD200.00 and additional amounts in multiples of USD100.00 thereafter |
Negotiability |
Negotiable and transferrable |
For more information, visit www.treasury.gov.ph
Joint Lead Issue Managers:
Development Bank of the Philippines
Land Bank of the Philippines
Joint Issue Managers:
BDO Capital & Investment Corporation
BPI Capital Corporation
China Bank Capital Corporation
First Metro Investment Corporation
PNB Capital and Investment Corporation
SB Capital Investment Corporation
Union Bank of the Philippines
Offer period is from September 27 to October 6, 2023 only*.
*The BTr has the discretion to adjust the Offer Period
For more details, visit: treasury.gov.ph/rdb02 or contact your BDO representative now.
For concerns, please visit any BDO branch nearest you, or contact us thru our 24x7 hotline (+632) 8888-0000 or email us via callcenter@bdo.com.ph.
Deposits are insured by PDIC up to P500,000 per depositor.
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