Last Thursday, I received an email from Security Bank regarding DMCI's bond offering, which they called DMCI Homes Homesaver Bonds. I actually checked the details of this offering last week after seeing their banner in DMCI Flair Towers. I was turned off initially because the interest payments will only be released after the maturity date, unlike other bonds that issue interest payment twice a year. But reading the details further, I realized that the target market of this offering are those who are planning to buy a DMCI condo unit in the near future.
This investment can be done via lump sum payment or via installment subscription. By "installment subscription", a minimum amount of 5,000 Pesos (depending on how much you're willing to save and invest) will be debited to your Security Bank account monthly. So if you're planning to save a certain amount monthly to build up the downpayment for your dream home, instead of letting your money sleep in a savings account that gives you a measly 0.25% interest annually, you might as well consider investing in the homesaver bonds.
Aside from the 4.75% and 5.25% annual interest (depending on the tranche / investment option), DMCI condo unit buyers can also avail of special discounts. This, in my opinion, is the main advantage of this bond investment.
The delayed release of the interest payment can turn out as a blessing in disguise too, to safeguard it from being spent on unnecessary things.
For more information on this bond offering, click here.
Investement Alternatives
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Thank you for the post about the share marketing. Get to know more about the investments the best place would be the Stock Market Institute in Delhi for the bright future and better future.
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