![Treasury-Bills](https://firstmetro.com.ph/fmic_wp/wp-content/uploads/2022/05/Treasury-Bills.jpg)
- Short-term securities, less than one year
- Debt of the Philippine government
- Sold by Government Securities Eligible Dealers (GSEDs)
- Bought at a discounted rate from face value
![Treasury-Bonds](https://firstmetro.com.ph/fmic_wp/wp-content/uploads/2022/05/Treasury-Bonds.jpg)
- Medium to long-term securities, more than one year
- Debt of the Philippine government
- Sold by GSEDs
- Yields seen in coupon rate
- Redeemed quarterly
![Retail-Treasury-Bonds](https://firstmetro.com.ph/fmic_wp/wp-content/uploads/2022/05/Retail-Treasury-Bonds.jpg)
- Medium to long-term investment
- Issued by the Philippine government
- Part of the government’s program to make securities available to small investors
- Interest is paid quarterly and may be traded in the secondary market
![Corporate-Bonds](https://firstmetro.com.ph/fmic_wp/wp-content/uploads/2022/05/Corporate-Bonds.jpg)
- Medium to long-term peso-denominated securities issued by corporations
- Backed solely by their credit quality
- Interest is paid quarterly or semi-annually, and may be traded in the secondary market before maturity
- At maturity date, these are redeemed at face value of the security
![Foreign-currency-Denominatd-Sovereign-Bonds](https://firstmetro.com.ph/fmic_wp/wp-content/uploads/2022/05/Foreign-currency-Denominatd-Sovereign-Bonds.jpg)
- Foreign currency bonds issued by the government of a particular country
- Interest is paid semi-annually, and may be traded in the secondary market before maturity
- At maturity date, these are redeemed at face value of the security
![Foreign-Currency-Denominated-Corporate-Bonds](https://firstmetro.com.ph/fmic_wp/wp-content/uploads/2022/05/Foreign-Currency-Denominated-Corporate-Bonds.jpg)
- Foreign currency bonds issued by corporations
- Backed solely by their credit quality
- Interest is paid semi-annually, and may be traded in the secondary market before maturity
- At maturity date, these are redeemed at face value of the security