Land Bank of the Philippines

LANDBANK Issues

PESO LONG-TERM NEGOTIABLE CERTIFICATES OF TIME DEPOSIT (LTNCD)

LTNCD is a long-term negotiable certificate of time deposit indicating an amount of bank indebtedness with a designed maturity. LTNCDs are high-yielding, negotiable deposit instruments covered by Philippine Deposit Insurance Corporation (PDIC) up to Php500,000.00. The tenor is typically five years.

PRODUCT FEATURES

LANDBANK LTNCD Due 2021
Issuer	Land Bank of the Philippines
PDIC Coverage	Yes
Issue Date	09 October 2015
Maturity Date / Original Tenor	09 April 2021 (5 ½ years)
Interest/Coupon on Issue Date (Gross)	3.750%
Taxation	Tax exempt for qualified individuals if held for at least 5 years
Interest Payment Period	Quarterly
Minimum Investment Requirement (Secondary Market)	P 50,000
Tradable via Market Maker	Yes

LANDBANK LTNCD Due 2019
Issuer	Land Bank of the Philippines
PDIC Coverage	Yes
Issue Date	5 November 2013
Maturity Date / Original Tenor	5 May 2019 (5 ½ years)
Interest/Coupon on Issue Date (Gross)	3.125%
Taxation	Tax exempt for qualified individuals if held for at least 5 years
Interest Payment Period	Quarterly
Minimum Investment Requirement (Secondary Market)	P 50,000
Tradable via Market Maker	Yes

How to Invest?

Open a Peso account or designate an existing LANDBANK Peso Account where interest and principal payments of the securities will be credited and comply with the documentary requirements

Documentary and Other Requirements

Client Suitability Assessment Form
Acknowledgement to Invest in Specific Instrument (when applicable)
Risk Disclosure Statement
Client Agreement
KYC Checklist
Order Ticket
Data Privacy Form
Others as may be required by the Issuer (e.g. Application to Purchase, PDTC Specimen Signature Sheet, among others)

As of Mon, November 25, 2024

As of Fri, November 22, 2024

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