Are you the type that wants to diversify one’s fixed income investment portfolio? Treasury Notes and Treasury Bonds are considered the safest. Treasury Notes and Bonds, FXTNs and RTBs as they are commonly called, are medium- to long-term government securities that pay interest regularly (known as interest coupon payments) . This is a relatively risk-free investment as these are direct obligations of the Republic of the Philippines denominated in the local currency.
You can enjoy the high yields of this security with a minimum investment of Php 200,000. You get paid regularly in interest until the bond matures or until you decide to sell the security back to PNB before it matures.
You can have all these through PNB. PNB is a registered Broker-Dealer of Fixed Income Securities with the Securities and Exchange Commission. We have licensed Fixed Income Securities Salesmen strategically located nationwide to cater your investment needs. PNB is also a Brokering Participant in the Fixed Income Trading Platform of the Philippine Dealing and Exchange Corporation which gives you the access to a wide array of investment instruments at the best market price.
Note: Zero-coupon bonds and other government bonds are available from time to time.
Effective March 1, 2012, all Great Britain Pound (GBP) check transactions will be subject to a clearing charge of GBP 3.00 per check in addition to the existing service fees/charges while GBP 10.00 surcharge per check will be imposed on returned checks. Please be guided accordingly.
Checks with insufficient funds shall be dishonored and returned to the presenting bank not later than 7:30 AM of the next banking day starting January 3, 2011 pursuant to BSP Circular No. 681.