Now Available: 10-Year Fixed Rate Treasury Notes (FXTNs) due 2025!
The Republic of the Philippines, through the Bureau of the Treasury (BTr), is issuing a new 10-year peso-denominated FXTNs with a 6.375% annual coupon. This latest offering will establish a reliable benchmark that supports price discovery and promotes greater activity in the secondary market—advancing the BTr’s capital market development initiatives.
Offer period:
April 15 to 24, 2025, or until earlier closing at the discretion of the BTr. These FXTNs will be listed on PDEx and are eligible under key regulatory frameworks.
Investment details:
An investor who wishes to participate in this offering may place their order through any of the qualified dealers listed in the annex and on the BTr website.
- Minimum investment amount: ₱10.0 million
- Increments: Multiples of ₱1.0 million thereafter
LANDBANK is proud to serve as a Joint Lead Issue Manager for this offering.
Full details here: https://www.treasury.gov.ph/?p=69604
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