The Bangko Sentral ng Pilipinas (BSP) has eased rules on Personal Equity and Retirement Account (PERA) Unit Investment Trust Funds (UITFs), allowing more overseas Filipinos to invest in BSP securities.

Previously, UITFs could only invest in BSP-issued debt instruments if non-resident ownership stayed below 10 percent. The new rule now exempts BSP-accredited PERA-UITFs from that limit—benefiting nine of the 13 existing funds and enabling them to diversify their portfolios.

This policy update strengthens the BSP’s drive to promote financial inclusion and retirement readiness among Filipinos worldwide while supporting the growth of the country’s private pension system and capital markets.