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.