November 2, 2011
Retail Treasury Bonds, Investing in the Philippines
One path to lend money to the administration is through buying Retail Treasury Bonds (RTB) issued by the Bureau of the Treasury. RTB’s are administration securities which are considered unconditional obligations of the sovereign state. It is backed by the complete taxing ability of the administration. Therefore, administration securities are practically autonomous of charge from default. In other words, there is very small risk in investing in these securities.
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Filed under Cleveland Bankruptcy by on Nov 2nd, 2011. 
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