Corporate Securities

  • Corporate securities are debt instruments issued by public or private corporations to finance their operations. They are not deposit products and are, hence, not covered by PDIC. They offer fixed coupon rate and enjoy better yields than GS.

Product Features

Double Dragon Properties Corporation (DD) Fixed Rate Bonds

Issuer

Double Dragon Properties Corporation

Series

DD 24 R22

Series Name

DDFXBOND2024

PDIC Coverage

None

Issue Date

21 July 2017

Maturity Date / Original Tenor

21 July 2024 (7 years)

Interest/Coupon on Issue Date (Gross)

6.0952%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Quarterly

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

Aboitiz Power Corporation (APC) Fixed Rate Bonds

Issuer

Aboitiz Power Corporation

Series

AP 07-27 R24

Series Name

APCFXBND2027

PDIC Coverage

None

Issue Date

3 July 2017

Maturity Date / Original Tenor

3 July 2027 (10 years)

Interest/Coupon on Issue Date (Gross)

5.3367%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Quarterly

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

SM Prime Holdings, Inc. (SMPH) Fixed Rate Bonds

Issuer

SM Prime Holdings, Inc.

Series

SMPH 05-24 R22

Series Name

SMPH2FBD2024

PDIC Coverage

None

Issue Date

18 May 2017

Maturity Date / Original Tenor

18 May 2024 (7 years)

Interest/Coupon on Issue Date (Gross)

5.1683%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Semi-annually

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

Ayala Land, Inc. (ALI) Fixed Rate Bonds

Issuer

Ayala Land, Inc.

Series

ALI 05-27 R24

Series Name

ALIFXBND2027

PDIC Coverage

None

Issue Date

2 May 2017

Maturity Date / Original Tenor

2 May 2027 (10 years)

Interest/Coupon on Issue Date (Gross)

5.2624%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Semi-annually

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

Megaworld Corporation (Megaworld) Fixed Rate Bonds

Issuer

Megaworld Corporation

Series

MEG 24 R22

Series Name

MEGFXBND2024

PDIC Coverage

None

Issue Date

28 March 2017

Maturity Date / Original Tenor

28 March 2024 (7 years)

Interest/Coupon on Issue Date (Gross)

5.3535%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Semi-annually

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

STI Education Services Group, Inc. (STI ESG) Fixed Rate Bonds

Issuer

STI Education Services Group, Inc.

Series

STIESG 24 R22 (7 years)

STIESG 27 R27 (10 years)

Series Name

STIGFXBD2024 (7 years)

STIGFXBD2027 (10 years)

PDIC Coverage

None

Issue Date

23 March 2017

Maturity Date / Original Tenor

23 March 2024 (7 years)

23 March 2027 (10 years)

Interest/Coupon on Issue Date (Gross)

7 years: 5.8085%

10 years: 6.3756%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Quarterly

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

San Miguel Corporation (SMC) Fixed Rate Bonds

Issuer

San Miguel Corporation

Series

SMC 22 R20 (5 years)

SMC 24 R22 (7 years)

SMC 27 R24 (10 years)

Series Name

SMCFXBND2022 (5 years)

SMCFXBND2024 (7 years)

SMCFXBND2027 (10 years)

PDIC Coverage

None

Issue Date

1 March 2017

Maturity Date / Original Tenor

1 March 2022 (5 years)

1 March 2024 (7 years)

1 March 2027 (10 years)

Interest/Coupon on Issue Date (Gross)

5 years: 4.8243%

7 years: 5.2840%

10 years: 5.7613%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Quarterly

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

Ayala Corporation (AC) Fixed Rate Bonds

Issuer

Ayala Corporation

Series

AC 25 R23

Series Name

ACFXBOND2025

PDIC Coverage

None

Issue Date

10 February 2017

Maturity Date / Original Tenor

10 February 2025 (8 years)

Interest/Coupon on Issue Date (Gross)

4.82%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Quarterly

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

Double Dragon Properties Corporation (DD) Fixed Rate Bonds

Issuer

Double Dragon Properties Corporation

Series

DD 26 R23

Series Name

DDFXBOND2026

PDIC Coverage

None

Issue Date

15 December 2016

Maturity Date / Original Tenor

15 December 2026 (10 years)

Interest/Coupon on Issue Date (Gross)

5.9721%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Quarterly

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

SM Investments Corporation (SMIC) Fixed Rate Bonds

Issuer

SM Investments Corporation

Series

SM 23 R21

Series Name

SMICFXBD2023

PDIC Coverage

None

Issue Date

9 December 2016

Maturity Date / Original Tenor

9 December 2023 (7 years)

Interest/Coupon on Issue Date (Gross)

5.1590%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Semi-annually

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

SM Prime Holdings, Inc. (SMPH) Fixed Rate Bonds

Issuer

SM Prime Holdings, Inc.

Series

SMPH 26 R23

Series Name

SMPHFXBD2026

PDIC Coverage

None

Issue Date

26 July 2016

Maturity Date / Original Tenor

26 July 2026 (10 years)

Interest/Coupon on Issue Date (Gross)

4.2005%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Quarterly

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

SMC Global Power Holdings Corporation (SMCGP) Fixed Rate Bonds

Issuer

Ayala Corporation

Series

SMCGP 21 R19 (5 years)

SMCGP 23 R21 (7 years)

SMCGP 26 R23 (10 years)

Series Name

SMCGPFBD2021 (5 years)

SMCGPFBD2023 (7 years)

SMCGPFBD2026 (10 years)

PDIC Coverage

None

Issue Date

11 July 2016

Maturity Date / Original Tenor

11 July 2021 (5 years)

11 July 2023 (7 years)

11 July 2026 (10 years)

Interest/Coupon on Issue Date (Gross)

5 years: 4.3458%

7 years: 4.7575%

10 years: 5.1792%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Quarterly

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

Ayala Corporation (AC) Fixed Rate Bonds

Issuer

Ayala Corporation

Series

AC 23 R22

Series Name

ACFXBOND2023

PDIC Coverage

None

Issue Date

7 July 2016

Maturity Date / Original Tenor

7 July 2023 (7 years)

Interest/Coupon on Issue Date (Gross)

3.92%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Quarterly

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

Ayala Land, Inc. (ALI) Fixed Rate Bonds - Tranche 2

Issuer

Ayala Land, Inc.

Series

ALI 25 R22

Series Name

ALI2FXBD2025

PDIC Coverage

None

Issue Date

25 April 2016

Maturity Date / Original Tenor

25 October 2025 (9 ½ years)

Interest/Coupon on Issue Date (Gross)

4.75%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Semi-annually

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

Ayala Land, Inc. (ALI) Fixed Rate Bonds

Issuer

Ayala Land, Inc.

Series

ALI 26 R23

Series Name

ALIFXBND2026

PDIC Coverage

None

Issue Date

23 March 2016

Maturity Date / Original Tenor

23 March 2026 (10 years)

Interest/Coupon on Issue Date (Gross)

4.85%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Semi-annually

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

SM Prime Holdings, Inc. (SMPH) Fixed Rate Bonds

Issuer

SM Prime Holdings, Inc.

Series

SMPH 02-21

Series Name

SMPH2FBD2021

PDIC Coverage

None

Issue Date

25 November 2015

Maturity Date / Original Tenor

25 February 2021 (5.25 years)

25 November 2025 (10 years)

Interest/Coupon on Issue Date (Gross)

5.25 years: 4.5095%

10 years: 4.7990%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Quarterly

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

Filinvest Land, Inc. (FLI) Fixed Rate Bonds

Issuer

Filinvest Land, Inc.

Series

FLI 22 R20 (7 years)

FLI 25 R22 (10 years)

Series Name

FLIFXBND2022 (7 years)

FLIFXBND2025 (10 years)

PDIC Coverage

None

Issue Date

20 August 2015

Maturity Date / Original Tenor

20 August 2022 (7 years)

20 August 2025 (10 years)

Interest/Coupon on Issue Date (Gross)

7 years: 5.3567%

10 years: 5.7139%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Quarterly

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

Aboitiz Equity Ventures (AEV) Fixed Rate Bonds

Issuer

Aboitiz Equity Ventures

Series

AEV 11-20 (5.25 years)

AEV 22 R20 (7 years)

AEV 27 R22 (12 years)

Series Name

AEV2FXBD2020 (5.25 years)

AEV2FXBND2022 (7 years)

AEVFXBND2027 (12 years)

PDIC Coverage

None

Issue Date

6 August 2015

Maturity Date / Original Tenor

6 November 2020 (5.25 years)

6 August 2022 (7 years)

6 August 2027 (12 years)

Interest/Coupon on Issue Date (Gross)

5.25 years: 4.4722%

7 years: 5.0056%

12 years: 6.0169%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Quarterly

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

South Luzon Tollway Corporation (SLTC) Fixed Rate Bonds

Issuer

South Luzon Tollway Corporation

Series

SLTC 20 R18 (5 ½ years)

SLTC 22 R20 (7 years)

Series Name

SLTCFXBD2020 (5 ½ years)

SLTCFXBD2022 (7 years)

PDIC Coverage

None

Issue Date

22 May 2015

Maturity Date / Original Tenor

22 August 2020 (5 ½ years)

22 May 2022 (7 years)

Interest/Coupon on Issue Date (Gross)

5 ½ years: 4.9925%

7 years: 5.5796%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Quarterly

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

Aboitiz Power Corporation (APC) Fixed Rate Bonds

Issuer

Aboitiz Power Corporation

Series

AP 21 R19

Series Name

APCFXBND2021

PDIC Coverage

None

Issue Date

10 September 2014

Maturity Date / Original Tenor

10 September 2021 (7 years)

Interest/Coupon on Issue Date (Gross)

5.2050%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Quarterly

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

SM Prime Holdings, Inc. (SMPH) Fixed Rate Bonds

Issuer

SM Prime Holdings, Inc.

Series

SMPH 03-20 (5 ½ years)

SMPH 21 R19 (7 years)

Series Name

SMPHFXBD2020 (5 ½ years)

SMPHFXBD2021 (7 years)

PDIC Coverage

None

Issue Date

1 September 2014

Maturity Date / Original Tenor

1 September 2020 (5 ½ years)

1 September 2021 (7 years)

Interest/Coupon on Issue Date (Gross)

5 ½ years: 5.100%

7 years: 5.2006%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Quarterly

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

SM Investments Corporation (SMIC) Fixed Rate Bonds

Issuer

SM Investments Corporation

Series

SM 21 R19 (7 years)

SM 24 R21 (10 years)

Series Name

SMICFXBD2021 (7 years)

SMICFXBD2024 (10 years)

PDIC Coverage

None

Issue Date

19 May 2014

Maturity Date / Original Tenor

19 May 2021 (7 years)

19 May 2024 (10 years)

Interest/Coupon on Issue Date (Gross)

7 years: 5.2958%

10 years: 5.6125%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Semi-annually

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

Manila North Tollways Corporation (MNTC) Fixed Rate Bonds

Issuer

Manila North Tollways Corporation

Series

MNTC 21 R19

Series Name

MNTCFXBD2021

PDIC Coverage

None

Issue Date

31 March 2014

Maturity Date / Original Tenor

31 March 2021 (7 years)

31 March 2024 (10 years)

Interest/Coupon on Issue Date (Gross)

7 years: 5.07%

10 years: 5.50%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Quarterly

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

JG Summit Holdings, Inc. (JGS) Fixed Rate Bonds

Issuer

JG Summit Holdings, Inc.

Series

JGS 21 R19

Series Name

JGSFXBND2021

PDIC Coverage

None

Issue Date

27 February 2014

Maturity Date / Original Tenor

21 February 2021 (7 years)

Interest/Coupon on Issue Date (Gross)

5.2442%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Semi-annually

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

ABS-CBN Corporation Fixed Rate Bonds

Issuer

ABS-CBN Corporation

Series

ABS 21 R19

Series Name

ABSFXBND2021

PDIC Coverage

None

Issue Date

10 February 2014

Maturity Date / Original Tenor

10 February 2021 (7 years)

Interest/Coupon on Issue Date (Gross)

5.335%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Quarterly

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

Philippine Long Distance Telephone Company (PLDT) Fixed Rate Bonds

Issuer

Philippine Long Distance Telephone Company

Series

TEL 21 R19

Series Name

TELFXBND2021

PDIC Coverage

None

Issue Date

6 February 2014

Maturity Date / Original Tenor

6 February 2021 (7 years)
6 February 2024 (10 years)

Interest/Coupon on Issue Date (Gross)

7 years: 5.225%
10 years: 5.2813%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Quarterly

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

Filinvest Development Corporation (FDC) Fixed Rate Bonds

Issuer

Filinvest Development Corporation

Series

FDC 24 R21

Series Name

FDCFXBND2024

PDIC Coverage

None

Issue Date

24 January 2014

Maturity Date / Original Tenor

24 January 2024 (10 years)

Interest/Coupon on Issue Date (Gross)

6.1458%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Quarterly

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

Bahay Bonds 2 Special Purpose Trust – Class A Senior Notes Due 2017 (Bahay Bonds)

Issuer

Home Guaranty Corporation

Series

BBSPT 8-17

Series Name

BAHAYBND2017

PDIC Coverage

None

Issue Date

17 August 2012

Maturity Date / Original Tenor

17 August 2017 (5 years)

Interest/Coupon on Issue Date (Gross)

4.80%

Taxation

Assumed by National Home Mortgage Finance Corporation (NHMFC)

Interest Payment Period

Quarterly

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

San Miguel Brewery, Inc. (SMB) Fixed Rate Bonds

Issuer

San Miguel Brewery, Inc.

Series

SMB 04-19

Series Name

SMBFXBND2019

PDIC Coverage

None

Issue Date

3 April 2009

Maturity Date / Original Tenor

3 April 2019 (10 years)

Interest/Coupon on Issue Date (Gross)

10.50%

Taxation

Subject to 20% withholding tax, except for tax-exempt institutions

Interest Payment Period

Semi-annually

Minimum Investment Requirement (Secondary Market)

P 200,000

Tradable via Organized Exchange

Yes

 

How to Invest?

  • Open a Peso account or designate an existing LANDBANK Peso Account where interest and principal payments of the securities will be credited and comply with the documentary requirements

 

Documentary and Other Requirements

  • Client Suitability Assessment (CSA) Form
  • Risk Disclosure Statement (RDS)
  • Client Agreement
  • KYC Checklist
  • Order Ticket
  • Others as may be required by the Issuer (e.g. Application to Purchase, PDTC Specimen Signature Sheet, among others)