Just saw this post. Thanks. Am just as surprised as you about the RTB at 3 years and I would say very high coupon rate (4.875%). Correct me if I am wrong but this rate is much much higher than normal dividend rates being given to stockholders by companies listed in the PSE. Definitely a good investment alternative especially on the speculative side for bond trading. Bond prices are more likely to go up given such a high interest rate.

Following you for more updates.