Philippine Peso Denominated Fixed Income Securities

Broker’s Fee

Secondary Market (minimum trading amount of Php 100,000)

Securities with remaining tenor of 1 year or more

Type of clientFee*
Individual0.25% of face value
Corporate0.15% of face value

 

Securities with remaining tenor of less than 1 year

Type of clientFee*
IndividualFace value x 0.25% x remaining tenor / 365
CorporateFace value x 0.15% x remaining tenor / 365

*Fees shall be charged on each purchase and sale of securities.

 

Service (Administration) Fee

Face amount

(in Php)

Fee per annum* (in Php)
20 million and up5,000
15 million to 19.99 million3,500
10 million to 14.99 million2,500
5 million to 9.99 million1,000
2 million to 4.99 million500
1 million to 1.99 million250
Below 1 million100

*Admin fee per annum is divided by the frequency of coupon payment per year and shall be debited on each coupon payment.

 

Adhoc Fees

Type of fee

Fee (in Php)
SEC Earmarking of Government Securities10,000
Hold-out of Securities2,000 per security
Non-trade Transfer of Securities500 per security
Request for Certification100 per security
IC Mandatory Reserve Earmarking1,000
QB Certification10,000
Foreign Currency Denominated Fixed Income Securities

Broker's Fee

Fee*
0.10% of face value

*Fees shall be charged on each purchase and sale of securities.

 

Service (Administration) Fee

Fee*
0.15% of the face value per annum*

*Admin fee per annum is divided by the frequency of coupon payment per year and shall be debited on each coupon payment.

 

Adhoc Fees

Type of fee

Fee
Transfer FeeUSD 50.00 per Non-trade Transfer of Security
SEC Earmarking of SecuritiesPhp 10,000
Hold-out of SecuritiesPhp 2,000 per security
Bank CertificationPhp 100 per certificate
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