Philippines now sells retail bonds on GCash
GBonds: Treasury teams up with e-wallet champ to bring its bond issuance to your phone
Manila: For the first time ever, you can buy government Retail Treasury Bonds (RTBs) without stepping foot in a bank — all thanks to GCash.
The Bureau of the Treasury (BTr) just teamed up with the country’s favourite e-wallet to bring its 31st RTB issuance straight to your phone through the new GBonds feature.
Just open your GCash app, tap GBonds, and you’re in.
5-year bond
We’re talking about a five-year bond with a 6% coupon rate — not bad for something you can invest in while still in your pajamas.
Strong demand during the rate-setting auction pushed the total sale to a whopping ₱210 billion ($3.7 billion), way above the original ₱30 billion ($528 million) target.
Through GBonds, you can start with as little as ₱5,000, with zero extra fees. The offer’s on the table from August 5 to August 15.
Treasurer of the Philippines, Sharon Almanza, couldn’t hide her excitement:
This collaboration significantly expands our reach, enabling more Filipinos to invest in government securities easily and securely… It’s a monumental step toward our goal of a more financially inclusive Philippines.Sharon Almanza, Treasurer of the Philippines
Martha Sazon, President and CEO of GCash parent Mynt, also chimed in:
This initiative allows more people to take part in nation-building while taking a significant step toward their financial goals.Martha Sazon, President and CEO of GCash parent Mynt
The GBonds tech runs on PDAX and Bonds.ph, making it possible for fully-verified GCash users to buy government securities without even owning a traditional bank account.
GCash dominates digital economy
What started in 2004 as a humble SMS-based money transfer service, GCash is now the undisputed heavyweight of Philippine fintech, with over 94 million registered users and a daily presence in everything from tricycle fares to Treasury Bonds.
The pandemic lockdowns didn’t just boost online shopping; they shoved millions of Filipinos into cashless transactions overnight.
From big brands to sari-sari stores, GCash embedded itself everywhere. Now you can pay bills, buy load, book cinema tickets, invest in stocks, or — as of this month — buy government bonds without stepping into a bank.
With most Filipinos still unbanked, GCash became the bank-in-your-pocket. You just need a phone, an internet signal, and about five minutes to register.
Once you start using GCash for one thing, you end up using it for everything. It’s where you get paid, shop online, pay bills, send “pabigas” to family — even donate to charity.
Today, GCash isn’t just winning in fintech — it is the Philippine digital economy’s front door. And with its push into investments, insurance, and credit, it’s looking less like a wallet and more like an all-in-one financial tool.
(This is not an investment advice. Consult a licensed investment professional for financial advice suited to your risk profile).
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