EMBASSY OF THE REPUBLIC
OF THE PHILIPPINES


SEOUL REPUBLIC OF KOREA

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PHILIPPINE EMBASSY IN SEOUL JOINS FINANCIAL LITERACY SESSION ON RETAIL TREASURY BONDS FOR OFWS


The Philippine Embassy in Seoul participated in the Online Financial Literacy Session on Retail Treasury Bonds (RTBs) organized by the Philippine Gov’t through the Bureau of the Treasury. Members of the Filipino community in the Republic of Korea participated in the event and Seoul PE Charge d’Affaires, a.i. Edwin Gil Q. Mendoza (upper left) delivered the Welcome Remarks for the session.

Seoul, 06 July 2025 – The Philippine Embassy in Seoul participated in the Online Financial Literacy Session on Retail Treasury Bonds (RTBs) organized by the Philippine Government through the Bureau of the Treasury. The event aimed to educate overseas Filipinos on the benefits of investing in government securities as a secure and impactful way to grow their savings. Along with Chargé d’Affaires a.i. Edwin Gil Mendoza, members of the Filipino Community in Korea joined the session. 

Retail Treasury Bonds (RTBs) are medium- to long-term debt securities carrying a fixed interest rate per annum issued by the Philippine government through the Bureau of the Treasury. They are part of the government’s savings mobilization program designed to make government securities accessible to individual investors. The information session covered the features, benefits, and available investment platforms of the RTBs.

In his remarks, CDA a.i. Mendoza emphasized the relevance of RTBs in today’s economic environment. “In the face of geopolitical uncertainties, investors must recalibrate their portfolios,” he noted. “Diversification remains a vital tool for stability and growth, and RTBs offer a good opportunity for Overseas Filipino Workers (OFWs) to securely grow their savings while contributing meaningfully to our nation’s progress.” 

Highlighting the fiscal alternatives available to OFWs, the Charge d’Affaires encouraged Filipino workers abroad to consider direct investments in government securities. “Remittances contributed in 2024 totaled about 8% of our national GDP. By investing in RTBs, OFWs can enhance their significant role as partners in nation-building. These investments support critical government projects in infrastructure, healthcare, and other public services, creating a cycle that ultimately benefits their families and communities.”

He further noted that a stronger Philippine economy, bolstered by responsible fiscal participation from Filipinos abroad, will translate into more stable and promising opportunities for OFWs and their loved ones back home. 

At the end of the session, overseas Filipinos were encouraged to become active investors and stakeholders in the country’s economic development and to keep updates on the offer period of the RTBs. 

The Philippine Embassy in Seoul continues to support programs that promote financial empowerment for Filipinos overseas, including equipping OFWs with the tools and knowledge to manage and grow their finances, make informed investment decisions, build lasting assets, and reduce financial vulnerability. END 

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