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Corporate Bonds/Bank Notes

PSE-listed corporations with relatively strong credit ratings. Compared to Government Securities, Corporate Bonds/Bank Notes offer better yield to maturity. However, it is not covered by the PDIC insurance since it is not a deposit product.

Peso Denominated Corporate Bonds / Bank Notes

    • Minimum investment – Php100,000
    • Tenor – 2 to 15 years remaining tenor
    • Interest rates subject to prevailing market rate and coupon payment payable quarterly or semi-annually throughout the tenor if held until maturity; subject to 20% final tax (except for Tax Exempt Institutions)
    • Subject to the following fees:
      • For corporate bonds with remaining term of 365 or lower:
        • Broker’s fee = Face Value x 0.10% x Term/360 or Php200.00 whichever is higher
        • Trading platform fee = Face Value x 0.0025% x Term/365
        • Account opening fee of Php200.00
        • Transfer fee of PHP100.00
      • For corporate with remaining term of more than a year:
        • Broker’s fee = Face Value x 0.10% or Php200.00 whichever is higher
        • Trading platform fee = Face Value x 0.0025%
        • Account opening fee of Php200.00
        • Transfer fee of PHP100.00
      • For bank notes:
        • Broker’s fee of PHP2,000.00
        • Transfer fee of PHP80.00

*Fees stated above are subject to change without prior notice

Disclaimer:

Market prices of Government Securities/Corporate Bonds are subject to fluctuations. Transactions may involve variety of significant risks to be understood and acknowledged by the client. Investors in these securities should also understand that the bank is acting as a broker and not as a financial adviser or fiduciary thus should seek financial advice and not rely solely on the information published on this website.

Would you like to inquire further about these products and services? Please contact the following SEC Licensed Fixed Income Market Salesmen:

Lorena Go-Espanol
SEC C.R. No. 02-2009-03328
Tel.: (+632) 8893-5749
(+632) 8818-9511 loc. 3822
Email: lgespanol@dbp.ph

Melea M. Maldia
SEC C.R. No 02-2013-08586
Tel.: (+632) 8815-1518
(+632) 8818-9511 loc. 3825
Email: mmmaldia@dbp.ph

Maryrose G. Espino
SEC C.R. No. 02-2011-06336
Tel.: (+632) 8815-1518
(+632) 8818-9511 loc. 3820
Email: mgespino@dbp.ph

Alyssa Joy M. Navarro
SEC C.R. No. 02-2017-12684
Tel.:  (+632) 8817-6519
(+632) 8818-9511 loc. 2834
Email: ajmnavarro@dbp.ph

Laraine Anne F. Arandia
SEC C.R. No. 02-2016-11832
Tel. : (+632) 8815-1518
(+632) 8818-9511 loc. 2831
Email:laearandia@dbp.ph

Mayvelyn P. Ver
SEC C.R. No. 02-2019-13516
Tel.:  (+632) 8815-1518
(+632) 8818-9511 loc. 2831
Email: mpver@dbp.ph
Fax Number: (632) 8818-5143

“The Development Bank of the Philippines (DBP) is regulated by the Bangko Sentral ng Pilipinas (BSP). For inquiries and complaints, please visit your branch of account, email customerservice@dbp.ph or contact the BSP Financial Consumer Protection Department at (02)8708-7087, BSP webchat – https://www.bsp.gov.ph/: SMS:-021582277 (for Globe subscribers only); BSP Facebook https://www.facebook.com/BangkoSentralngPilipinas.

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