Security Bank to offer P1 billion fixed-rate peso bonds

ABS-CBN News

Posted at Jul 04 2022 01:07 PM


MANILA - Security Bank on Monday said it is offering up to P1 billion
worth of fixed-rate bonds due in 2024 with an oversubscription option.

The bank said the bonds will have a tenor of 1.5 years and a fixed annual rate of 3.7407 percent. 

"The public offer period will run from July 4, 2022, to July 15, 2022," the bank said. 

The bond offer will have a minimum denomination of P1 million and increments of P100 thousand thereafter, Security Bank said. 

The bonds will be listed on the Philippine Dealing and Exchange Corp on July 20. 
 

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