CEBU CITY, Cebu, Feb.9 (PIA) -- The Bureau of Treasury (BTr) Region 7 has urged retail investors to invest in its 29th and newest bond offering, the Retail Treasury Bonds 29 (RTB 29). The RTB29 is an affordable, convenient, low-risk, short-term, and high-yielding investment security issued by the Philippine government. At a press conference on Feb. 8 in Cebu, officials from the BTr promoted the latest bond issuance by the government. According to BTr, the public can invest in RTB29 for as low as P5,000 within the ten-day investing period from Feb. 7-17. Any eligible investor, such as individuals, cooperatives, and other institutions, can invest in RTB29. The RTB29 has the following terms of offering: Maturity period – 5.5 years Maturity date - August 22, 2028 Fixed Interest rate – 6.125% per annum Frequency of Interest Payments - Quarterly Minimum Investment – P5,000, and in increments of P5,000 thereafter Taxation – 20% withholding tax on interest income (not applicable for tax-...