Manila, Sept. 24 -- The Bureau of the Treasury (BTr) will issue next week peso-denominated, 2.5-year, fixed-rate retail treasury bonds (RTB) due 2029.

In a notice of offering posted on Wednesday, the BTr said RTB 32 will have a minimum aggregate nominal principal amount of at least PHP30 billion.

It will be auctioned from Sept. 29 to Oct. 7, while the settlement date will be on Oct. 12.

The notice of offering also invites holders of RTB 15-01, FXTN 20-13, FXTN 03-30, RTB 15-02, and RTB 05-15 to exchange their eligible bond holdings for the new RTB.

The BTr said the latest RTB will be sold in minimum denominations of PHP5,000.

In a separate social media post, the BTr said the 32nd BTr offering marks the 25th year of the government's r...