BTr launches GBonds, PHP500 gov't securities for GCash users

The Bureau of the Treasury (BTr) launched GBonds on Friday, July 25, allowing GCash users to invest in government securities starting from PHP500.

GBonds, a partnership between BTr, PDAX Inc., Bonds.ph Inc., and GCash, aims to democratize access to fixed-return government securities for Filipinos without bank accounts.

With GBonds, fully-verified GCash users can now place bond investment orders and receive confirmation within minutes through their mobile devices, significantly reducing the barriers to entry in the government securities market.

National Treasurer Sharon Almanza highlighted that this initiative aims to promote financial inclusion by providing millions of Filipinos with easier access to safe investment options.

Finance Secretary Ralph Recto emphasized that GBonds helps achieve economic goals by enabling Filipinos to grow their money safely while supporting key government programs like infrastructure and education.

This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.

Topics in this story

Explore more stories about these topics