You’ve already learned the basics of stock trading and investing in our Stocks Tutorial and Guide. This time, let’s learn another type of financial investment: Bonds. What are Bonds? In very simple terms, a bond is an obligation by the borrower (bond issuer) to pay
The auction of the Philippine government’s P5 billion worth of Retail Treasury Bonds (RTB) is scheduled today. What are RTBs? The Retail Treasury Bond (RTB) is a fixed-income instrument issued by the government as a way of raising funds. Since it is backed by the
The Development Bank of the Philippines (DBP) recently issued P6.5 billion worth of unsecured and subordinated tier 2 notes with a 7.75% coupon rate. The notes mature in 10 years but have a step-up rate on its fifth year. This means DBP can redeem the