Manila, July 25 -- Users of e-wallet GCash may now invest in selected government securities, the Bureau of the Treasury (BTr) said Friday.

In a statement, the BTr said elected government securities, such as Treasury bills (T-bills), are now available on GBonds, a new investment platform made possible through its partnership with GCash, the Philippine Digital Asset Exchange (PDAX), Inc., and Bonds.ph, Inc.

GBonds in the GCash App is a marketplace that allows users to invest in government bonds with free top-ups and withdrawals and standard fees for buying or selling bonds.

It offers T-Bills for a minimum of PHP500 and Retail Treasury Bonds (RTBs) for a minimum of PHP5,000 during their primary offering.

The initiative supports the BTr's...