As of 9:44 AM, 30 January 2023
ROP USD Denominated Bonds
Settlement Date: February 1, 2023
|Issuer||Instrument||Tenor (Years)||Maturity||Coupon||Offer Price||Offer YTM|
|Republic of the Philippines||ROP 24 4.20||0.97||01/21/2024||4.2000%||100.005||4.1935%|
|Republic of the Philippines||ROP 25||2.13||03/16/2025||10.6250%||113.749||3.8223%|
|Republic of the Philippines||ROP 26||3,16||03/30/2026||5.5000%||104.008||4.1334%|
|Republic of the Philippines||ROP 27 5.17||4.70||10/13/2027||5.1700%||104.107||4.1965%|
|Republic of the Philippines||ROP 28 4.625||5.46||07/17/2028||4.6250%||101.828||4.2461%|
|Republic of the Philippines||ROP 31 1.648||8.36||06/10/2031||1.6480%||82.533||4.1414%|
|Republic of the Philippines||ROP 40||16.97||01/20/2040||3.9500%||90.579||4.7657%|
Investments in bonds are not insured by the Philippine Deposit Insurance Company and are not guaranteed by the Bank of the Philippine Islands. All prices are indicative and subject to final pricing and available volume.
Understanding ROP Bond Prices
Tenor (years) / Maturity
Tenor refers to the length of time (in years) until a bond's maturity date.
This refers to the original interest rate when the ROP was first issued. Clients will receive Principal (or face amount) x Coupon Rate every coupon rate payment period.
This refers to the indicative price BPI is willing to offer (or sell) a particular security to an interested client. This is quoted as a percentage in relation to its par value. For example, a bond with an offer price of 110.25 is trading at 110.25% of its par value.
Yield to Maturity (YTM)
Yield to maturity refers to the return on investment (ROI) for clients who will buy a certain ROP on a specific date based on the indicated price. It is important to note that YTM is only indicative.
Account Opening Requirements
- Active US Dollar BPI account
- Client Suitability Assessment Form (CSAF) - Individuals
- Account Opening Form
- Notarized Special Power of Attorney
- Leave Order Form
Note: Additional documents may be required (e.g. corporate accounts)
Talk to our Forex Solutions Advisors today to know more about ROP Bonds and other investment options.
Visayas and Mindanao
You may also reach us through email at firstname.lastname@example.org.
For other inquiries and comments, please send us a message or call our 24-hour BPI Contact Center at (+632) 889-10000.
Certain investment products included in this webpage may not be eligible for sale in other jurisdictions and may not be suitable to the risk profile of the recipient of the information. The information published or included herein are for the information of the customer only and are not to be taken in substitution for the exercise of judgment by customers who should obtain separate legal or financial advice.
Any investment is subject to different risks. Prices of securities or portfolios may move up or down and may even become valueless and customers will likely incur losses in the event of fluctuations in market prices. This market risk and such other risks inherent in investments are understood by and are acceptable to the customer. Investment products such as bonds and other types of securities, trust accounts, and other similar instruments are not included in the coverage of the Philippine Deposit Insurance Corporation (PDIC).
BPI does not in any way guarantee the performance of the Portfolio/Securities and shall not be responsible for any loss sustained except where such loss arises solely out of BPI’s acts and omissions done or suffered in evident bad faith or through gross negligence, gross misconduct, willful neglect, willful fault or material breach of duty or contractual obligation.
The customer acknowledges and understands that these are among the risks involved in transactions of this nature and is prepared to accept all such risks in every transaction.