http://www.pbcom.com.ph/personal/auto-loan
Retail Treasury Bonds
Retail Treasury Bonds (RTBs) are medium to long-term investments issued by the Philippine government through the Bureau of Treasury. These bonds carry minimal risk and are originally issued with tenors of 3 to 25 years. They form part of the Government’s program to make Government Securities available to retail investors.
Features and Benefits
- Low-risk investment
- Higher interest rates compared to other financial instruments
- Can be easily bought or sold in the secondary market through SEC-licensed Fixed Income Salesmen
- Interest payments are credited either quarterly or semi-annually to your PBCOM account
- Interest earned is guaranteed by the Republic of the Philippines regardless of price fluctuation during the life of the bond
- Available to individual and corporate accounts (i.e. corporations, banks, trust, insurance, etc.)
Requirements
PBCOM Requirements
- Account Opening Requirements with PBCOM (signed CIF/ROF)
- Secretary Certificate, if corporate account
- Client Sustainability Assessment Form
- Risk Disclosure Statement
Third-Party Custodian Requirements
- Notarized and signed Special Power of Attorney (SPA) to open custody account
- Letter of Instruction (LOI) to 3rd party custodian
SEC Licensed Fixed Income Market Salesmen
Risks
These bonds carry minimal risk and originally issued with tenors of 3 to 25 years.