National Observances for the Month of May. Read here.
Extended Banking Hours for the 2023 Annual Income Tax Filing Deadline. Read here.
Advisory to the Public Against Vishing Attacks. Read here.
Advisory to the Public Against Illegal Solicitation. Read here.
Advisory on Clickable Links in E-mails or SMS. Read here.

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

*For applicable fees, please refer to the DBP website or contact our Treasury and Corporate Finance Marketing Department at (+632) 8818-9511 loc. 2831 or 2834.

Market prices of Government Securities and/or Corporate Bonds are subject to fluctuations and may involve certain risks that may have significant impact on the performance of these investment options. Investors in these securities further understand and acknowledge that the bank is acting as a broker and not as a fiduciary/financial adviser. The information published on this brochure does not purport to provide all of the terms and conditions of any transaction or all or any of the risks associated with these securities. Thus, you may wish to contact a competent legal, financial, tax, accounting, and other professionals to help you better understand and recognize the risks arising from these securities and accompanying transactions.

To invest in these products and services, please go to the nearest DBP branch or contact our SEC Licensed Fixed Income Market Salesmen from the Treasury and Corporate Finance Marketing Department:

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

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

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

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

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

Rizza Francesca B. Noscal
SEC C.R. No. 02-2021-14235
Tel.: (+632) 8818-9511 loc. 2831

“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, or contact the BSP Financial Consumer Protection Department at (02) 8708-7087; BSP Webchat –; SMS:021582277 (for Globe subscribers only); BSP Facebook”