Treasury Bills (T-Bills) are Peso-denominated bills with a maximum term of 365 days. These are issued by the Republic of the Philippines and as such are their direct and unconditional obligation to the bond holders. T-Bills provide an investment alternative that is very secure and high-earning while providing you with liquidity.
| P 200,000.00 par value |
- Very secure investment; guaranteed by the Philippine Government
- Liquid, can be sold to the bank even before maturity at prevailing market rates
- Higher earning, subject to 20% withholding tax
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- Open a current account or a savings account for crediting of coupon payments, and redemption value (if applicable).
- Accomplish the following forms:
- Application to Purchase Bond o Risk Disclosure Statement
- Investor’s Undertaking (3 sets)
- SPA or Special Power of Attorney (3 sets)
- Board Resolution to the SPA, for institutions (2 copies)
- Pay through debit from an existing current account or savings account, check (regular or Manager’s Check), or cash.
- Deadline for all transactions (sale and purchase) is 12:00 noon (Manila time).
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- Confirmation of Sale
- Official Receipt or Debit Advice
- Report from a Third Party Custodian and/or Bureau of Treasury
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- Branch
- Treasury Business Center*
- China Bank Online**
*The cutoff for all transactions is 12 noon (sale and purchase)
**Account inquiry and request to purchase bonds functions only |
- Allowed anytime except 2 days before the coupon date and maturity date, subject to the prevailing market buying rate
- Requirements:
- Fill out and submit the Client’s Instruction Sheet
- Surrender your Confirmation of Sale
- Deadline for all transactions (sale and purchase) is 12:00 noon (Manila time).
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| Invest in T-Bills now! Call the Treasury Business Center thru tel. Nos. (632) 885-5626 to 30. |