Target Market

Individuals and corporations who are looking for higher yielding investment alternatives.


Product Features


Minimum Face Amount



Short- to long-term, 1 to more than 10 years


Varies daily depending on market and tenor

Coupon Payment

Usually quarterly or semiannually

Tax Feature

Subject to the 20% withholding tax


Clients may sell securities subject to prevailing market price

Standard Settlement

T+1 (for settlement the next banking day)

Trading Hours

9:00 a.m. - 12:00 p.m.; 2:00 p.m. - 4:00 p.m.

Required Documents

PDEx/PDTC account opening form or other documents as may be required by designated custodian


Subject to broker's fee plus relevant third party fees


*This is not a deposit account. Earnings are not assured and principal amount invested is exposed to risk of loss. This product cannot be sold to you unless its benefits and risks have been thoroughly explained. If you do not fully understand this product, do not purchase or invest in it.