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

San Miguel Corporation (SMC) Fixed Rate Bonds

Issuer

San Miguel Corporation

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 Tranche 2

Issuer

Ayala Corporation

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

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

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.

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

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

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.

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.

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.

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.

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

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

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

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.

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

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

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.

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

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

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

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

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.

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

 

Power Sector Assets and Liabilities Management Corp. (PSALM) Fixed Rate Bonds

Issuer

Power Sector Assets and Liabilities Management Corp.

Status/Credit

Guaranteed by the National Government

PDIC Coverage

None

Issue Date

22 April 2010

Maturity Date / Original Tenor

22 April 2017 (7 years)

Interest/Coupon on Issue Date (Gross)

7.750%

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

 

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 Form
  • Risk Disclosure Statement
  • 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)