Brief Description
Treasury Bills are short-term negotiable and transferable debt instruments of the National Government issued by the Bureau of Treasury.
With our competitive rates, CTBC Bank can buy/sell your Treasury Bills to address your investment needs.
Other benefits of investing in T-Bills include the following:
- Generally pay a higher rate of return than time deposits with a similar tenor
- Various tenors are available
Features
- 91,182 and 364 day tenors
- Sold at a discount, face value redeemed upon maturity
- Minimum investment of PhP100,000
- Subject to 20% withholding tax (for tax-exempt clients, please submit pertinent documents)
- T+1 Settlement
Requirements
- Individuals/Corporations:
- Broker Customer Information Form
- Broker Agreement
- Client Suitability Assessment / Risk Profile Questionnaire
- Risk Disclosure Statement
- Two (2) Valid Government Issued Identification Cards
- Order Ticket
- Corporate Papers
- Secretary's Certificate or Board Resolution
- Articles of Incorporation and By-Laws
- General Information Sheet (GIS)
- Other documents as required by the third party custodian
After securing these requirements, you may start investing by following these steps:
- Check the current rate.*
- Subscribe to your selected T-Bill in the nearest CTBC Bank branch or contact your Relationship Manager/Account Officer.
*Please refer to your Relationship Manager/Account Officer for the latest rate.