Brief Description

Fixed Rate Treasury Notes (FXTNs) are medium to long-term negotiable and transferable debt instruments of the National Government issued by the Bureau of Treasury.

With our competitive rates, CTBC Bank can buy/sell your FXTNs to address your investment needs.

Other benefits of investing in FXTNs include the following:

• Generally pay a higher rate of return than time deposits with a similar tenor
• Offer semi-annual interest income throughout the tenor if held until maturity
• Can be redeemed anytime before maturity at prevailing market rates
• A wide range of various tenors are available

Features

• 2 to 25 year tenors
• Sold at par, premium or discount
• Semi-annual coupon payments with face value and last coupon payment redeemed upon maturity
• Minimum investment of PhP100,000
• Subject to 20% withholding tax (for tax-exempt clients, please submit pertinent documents)
• T+1 Settlement

Requirements

• Individuals/Corporations:
  • Broker Customer Information Form
  • Broker Agreement
  • Client Suitability Assessment / Risk Profile Questionnaire
  • Risk Disclosure Statement
  • Valid Identification Card/s
  • Signature Cards
  • Order Ticket
  • Corporate Papers
    1. Secretary's Certificate or Board Resolution
    2. Articles of Incorporation and By-Laws
    3. General Information Sheet (GIS)
  • Other documents as required by the third party custodian

After securing these requirements, you may start investing in Bonds by following these steps:

• Check the current rate.*
• Subscribe to your selected FXTN in the nearest CTBC Bank branch or contact your Relationship Manager/Account Officer.
• Review your FXTN rate regularly to take advantage of possible capital gains or stay invested until it matures.

*Please refer to your Relationship Manager/Account Officer for the latest rate.

List of Acceptable IDs