The Philippine government will launch GBonds on the GCash platform this December, making government securities more accessible to the public.
The initiative aims to simplify investments in government bonds, allowing Filipinos to secure their financial future.
Finance Secretary Ralph Recto announced the launch during the Bureau of the Treasury’s 127th Anniversary and GSED Awarding Ceremony, emphasizing its role in promoting financial inclusion.
He called on GCash, the Philippine Digital Asset Exchange (PDAX), and regulators to expedite the launch process.
“For we envision a future where investing in government bonds is no longer a luxury but a new normal for Filipinos—with just a few swipes away and as easy as ordering their favorite food delivery.
This empowers our people to effortlessly secure their future, all from the comfort of their homes,”
said Recto.
He also highlighted the initiative’s potential to transform how Filipinos invest and contribute to a more inclusive financial system.
During the event, he commended government securities-eligible dealers (GSEDs) for their critical role in national development, particularly their success in raising PHP 586.84 billion through the 30th Retail Treasury Bond offering.
He emphasized the importance of GSEDs in deepening the capital market and supporting the government’s financing needs.
Featured image credit: Edited from Freepik
