Bureau of Treasury

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  • REQUEST SUBMITTED

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    Date: 2018-08-20 14:19:43.055930

  • PROCESSING REQUEST

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    Date: 2018-08-24 08:43:10.674420

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    Date: 2018-09-03 09:13:18.584110

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Retail Treasury Bonds

Requested from BTr by J. Picpic at 02:19 PM on Aug 20, 2018.
Purpose: Investment Plan
Date of Coverage: 12/01/2017 - 12/31/2017
Tracking no: #BTr-745173521658

Picpic 02:19 PM, Aug 20, 2018 

Hi, I invested a hundred thousand last year 12/2017. The offer of BoT is that the RTBs will mature 5 years after C.Y. 2017. I just want to know if I can get back the money I invested in RTBs prior maturity date? will there be penalties for doing the same?

Luanzon 08:43 AM, Aug 24, 2018 

August 24, 2018

Dear Justin Paolo,

Thank you for your request dated Aug 20, 2018 02:19:43 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Retail Treasury Bonds.

We received your request on Aug 20, 2018 02:19:43 PM and will respond on or before Sep 10, 2018 02:19:43 PM, in accordance with the Executive Order's implementing rules and regulations.

Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEEJUci03NDUxNzM1MjE2NTgM, for request with ticket number #BTr-745173521658.

Thank you.

Respectfully,

Ricel Luanzon
FOI Officer

Mariano 09:13 AM, Sep 03, 2018 

September 3, 2018

Dear Justin Paolo Picpic,

Greetings!

Thank you for your request dated Aug 20, 2018 02:19:43 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

Your Request

You asked for Retail Treasury Bonds.

Response to Request

Regarding terminating (or liquidating) your RTB investment, RTBs are fixed-term obligations of the National Government and are thus redeemed upon full maturity unless there is an outstanding offer for a buy back. To liquidate prior to maturity, holders can sell their holdings through the secondary market through the assistance of a broker. This may be subject to fees adding to the fact that the selling/buying price may be different from the original investment based on current market conditions.

For further queries, you may proceed to your bank to inquire on how to sell your RTBs.  

Your right to request a review

If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by writing to Deputy Treasurer Sharon P. Almanza (spalmanza@treasury.gov.ph). Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request.

If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011).

Thank you.

Respectfully,

Robert Dominick Mariano
FOI Receiving Officer

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