ADVISORY
Government Securities
- GS are debt instruments issued by the Republic of the Philippines or any of its instrumentalities to finance public expenditures.
- GS are scripless securities and are registered under the Ntional Registry of Scripless Securities (NRoSS) System of the Bureau of the Treasury.
- GS are the safest investment instrument in the market. Because they are backed by the full taxing power of the government, they are practically default risk-free. While there may be market risks owing to changes in interest rates, GS are an attractive investment vehicle since the safety of your principal is assured.
- GS are high-yielding. Rates are at par or higher than other investment instruments in the market. The presence of an organized transparent fixed income exchange, the Philippine Dealing and Exchange Corporation (PDEx), ascertains that you get the best price available in the market.
- GS are marketable and highly liquid. They can be traded easily in the secondary market anytime the market is open. The market for GS is open every day, from Monday to Friday, 9:00 am to 12 nn and 2:00 to 4:00 pm.
PRODUCT FEATURES
| Treasury Bills (T-bills) | |
|---|---|
| Issuer | Republic of the Philippines |
| Status/Credit | Fully guaranteed by the National Government |
| Issue Date | Various |
| Maturity Date | Various |
| Original Tenor | Up to one year (91,182,364 days) |
| Interest/Coupon on Issue Date (Gross) | None (issued at a discount) |
| Taxation (subject to 20% withholding tax, except for tax-exempt institutions) | Applicable on interest |
| Interest Payment Period | None |
| Minimum Investment Requirement (Secondary Market) | P 200,000 |
| Tradable via Organized Exchange | Yes |
| Fixed Rate Treasury Notes (FXTN) | |
|---|---|
| Issuer | Republic of the Philippines |
| Status/Credit | Fully guaranteed by the National Government |
| Issue Size | Various |
| Issue Date | Various |
| Maturity Date | Various |
| Original Tenor | Up to 25 years (3, 5, 7, 10, 15, 20, 25 years) |
| Interest/Coupon on Issue Date (Gross) | Various |
| Taxation (subject to 20% withholding tax, except for tax-exempt institutions) | Applicable on coupon |
| Interest Payment Period | Semi-annually |
| Minimum Investment Requirement (Secondary Market) | P 200,000 |
| Tradable via Organized Exchange | Yes |
| Retail Treasury Bonds (RTB) | |
|---|---|
| Issuer | Republic of the Philippines |
| Status/Credit | Fully guaranteed by the National Government |
| Issue Date | Various |
| Maturity Date | Various |
| Original Tenor | Up to 25 years (3, 5, 7, 10, 15, 20, 25 years) |
| Interest/Coupon on Issue Date (Gross) | Various |
| Taxation (subject to 20% withholding tax, except for tax-exempt institutions) | Applicable on coupon |
| Interest Payment Period | Quarterly |
| Minimum Investment Requirement | Primary Market: P 5,000 Secondary Market: P 200,000 |
| Tradable via Organized Exchange | 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
- Bureau of Treasury (BTr) Investor’s Undertaking (BTr Form 05)
- Special Power of Attorney
- 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
Customer Care Hotline
(+632)8-405-7000
PLDT Domestic Toll Free
1-800-10-405-7000
Email Address
customercare@mail.landbank.com
