A negotiable security representing a debt obligation of the Philippine Government or a Philippine Corporation registered with the SEC. It yields a fixed rate of interest and matures between 91 days to 25 years, depending on the features of the bonds purchased.
Minimum placement amount of PHP 100,000.00
Up to 25 years, subject to availability
The rate quoted is the gross interest, exclusive of 20% withholding tax.
Periodic interest payments received
Investors receive a Confirmation of Sale (COS) certificate upon purchase