The Bureau of the Treasury (BTr), the Philippine Digital Asset Exchange Inc. (PDAX) and GCash are working overtime to launch the Treasury bonds trading platform, “GBonds,” by the middle of 2025.
On the sidelines of the PDS Awards Night over the weekend, National Treasurer Sharon Almanza said a series of tests needs to be done on the platform that will be part of the fintech app GCash.
The stakeholders are now testing the trading platform to get it up and running by the middle of the year, Almanza told reporters.
First announced in November 2024, GBonds is designed to make investing in government securities accessible and easier to retail investors.
GCash will assist retail Treasury bond buyers and sellers access the government securities market.
Almanza said PDAx is responsible for the smooth operation of the platform in accommodating buyers and sellers.
Finance Secretary Ralph Recto said in November that GBonds would help achieve the goal of making investing in government bonds not just a luxury but a new normal for Filipinos — “with just a few swipes 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,” he added.
