Retail Treasury Bonds Tranche 32 (RTB 32) FAQs

Offer Details:

• What are the requirements for investing in RTB 32 online?

1. An individual account with FirstMetroSec

If you do not have a FirstMetroSec account yet, account opening is quick and easy upon submission of complete requirements through the FirstMetroSec GO mobile app. Click HERE to learn how.

If you are a joint, in-trust-for (ITF), or a corporate accountholder, you can invest in RTB 32 through submission of an Intent Form HERE.

2. Sufficient cleared/withdrawable cash in your FirstMetroSec trading account

No printed forms nor branch visits are required to invest in RTBs. You can fund your FirstMetroSec account through any of these channels.

• How to buy RTB 32?

For Individual accountholders

1. Go to the Bureau of the Treasury’s website (www.treasury.gov.ph) and click on the RTB offering.

2. Agree to the terms and click “Ready to Order”.

3. Choose First Metro Securities Brokerage Corp. as your settlement bank.

4. Once redirected to the FirstMetroSec payment page, enter your username and password.

5. Review your order details and click “Confirm”.

For joint, ITF, and corporate accountholders

1. Complete the Intent Form HERE
2. Attach the fully accomplished and signed Investors’ Undertaking and Authorization.  Please note that without these documents, your request will not be processed.

• Is there a maximum amount per transaction?

Yes, up to ₱500,000 per transaction. For higher amounts, you may order multiple times during the offer period.

• Is there a fee to buy RTB 32?

None. There is no charge when availing bonds in the primary offering.

• Why invest in RTBs?

RTBs are affordable, low risk, accessible online through FirstMetroSec, and give quarterly interest payments.

• Is the interest guaranteed?

RTBs are considered to have the lowest credit risk because they represent direct and unconditional obligations of the government, thereby enjoying the highest certainty of payment. The yield is assured if the bond is held until maturity; otherwise, it will be subject to interest rate risk depending on the prevailing market rate at the time the RTBs are sold in the secondary market.

• What is an investor's proof of ownership?

A Notice of Successful Payment (NOSP) will be sent to your registered email address immediately after purchase.  After the listing date, the Confirmation of Outright Sale will be downloadable from your FirstMetroSec account.

Go to Account > Reports > Statements > Confirmation of Sale/Bond Certificates.

• Can I sell RTB 32 anytime?

Yes, subject to the prevailing market price at the time of selling. Click HERE for instructions.

• What is a Bond Exchange and how can I participate?

Investors holding the following bonds are eligible to participate in the Exchange Offer: RTB 15-01, FXTN 20-13, FXTN 03-30, RTB 15-02, and RTB 05-15. The same amount of principal from your RTB 15-01, FXTN 20-13, FXTN 03-30, RTB 15-02, and RTB 05-15 investment will automatically be transferred for continuation to RTB 32. Thus, there will be no cash out needed.

To participate, accomplish, sign (wet signature only), and email the Bond Exchange Letter of Instruction with “Bond Exchange” as subject to customerservice@firstmetrosec.com.ph on or before October 7, 9:00AM.

You can also submit the signed letter as an attachment through our  Help Center. Simply enter your registered email, your full name, FirstMetroSec account number, and amount. Select Products and Services, then Bonds under Area of Concern, then attach the letter before clicking Submit.

• Will interest payments for RTB 15-01, FXTN 20-13, FXTN 03-30, RTB 15-02, and RTB 05-15 still be given after exchanging it to the new RTB 32?

You will still get the accrued interests from up to the issue date of RTB 32 to be automatically credited to your FirstMetroSec account. Moving forward, you will receive the interest payment from RTB 32 up to its maturity date.