PayMaya allows investors to avail government bonds

Interested investors can now avail of the government’s upcoming Retail Treasury Bonds (RTB) offering through mobile application PayMaya.

PayMaya said Wednesday the company partnered with Bonds.Ph to allow small individual investors to avail of the P30-billion issuance this week.

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Powered by the Philippine Digital Asset Exchange (PDAX), Bonds. Ph is a new online investment platform where investors can add funds to their accounts using their registered mobile numbers.

The development comes as Bureau of the Treasury (BTr) is scheduled to raise as much as P30 billion from its five-year RTBs to be offered from Thursday, July 16, 2020, to August 7, and to be settled on August 12.

“We have always envisioned to provide Filipinos with affordable and secure investment instruments where they can invest and at the same time aid the government in raising funds, especially at this time,” National Treasurer Rosalia de Leon was quoted as saying in the statement.

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