Of the total amount, Php24Bil will be issued in 2015 while the remaining Php1Bil will be kept on shelf for future issuance. The Php24Bil batch will be issued in three series carrying interest rates of 4.4722%, 5.0056% and 6.0169% with tenors of five years and three months, seven years and twelve years, respectively. The offer was commenced yesterday, July 28, and will run up to July 31.
If you want a guaranteed interest investment for the next 5 to 12 years, you may consider this financial instrument. Investement Alternatives
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