THE BUREAU of the Treasury (BTr) is eyeing millennials in Iloilo as another market for retail treasury bonds (RTBs), which has been enjoying a high take-up in the province. Deputy Treasurer Sharon P. Almanza said Iloilo has been among the areas with a high turnout, but most of the investors are professionals or retirees and “we are hoping that we will also be able to encourage the young ones.” The BTr was in Iloilo City on Nov. 23 for the road show of its 20th tranche of RTBs, where a five-year tenor at a minimum denomination of P5,000 is on offer from Nov. 20 to 29. “Every year, whenever we have an issuance, Iloilo is included. There are a lot of potential investors and the place is being recommended by our dealer managers,” she said. BTr was also in the city in April for the 19th tranche. Ms. Almanza pointed out that RTBs are a better alternative to other investment instruments as these are designed to be low-risk, higher yielding, and affordable. The BTr official said they are also considering proposals to expand the road show in other provinces within Western Visayas. — Louine Hope U. Conserva

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