:: Secure Bonds Combo
 
A medium term investment that allows direct investment in Governmment Securities and yet with receipt of twice the traditional coupon payments per annum. It is secure, liquid and high yielding with government-issued bonds as the core investment.

High-Yielding. More Frequent Cashflows. Virtually Credit Risk Free.
 

Term	Medium term (Greater than 1 year but less than 4 years)
Cashflow	Interest payouts
Security	Government-issued Bonds
Minimum Investment	P500,000.00
Frequency of Interest Payments	4 to 8 times a year
Target Market	Investors who are willing to invest in a medium term investment and with a requirement for more frequent fixed, periodic interest payments than a regular bond. (Retail treasury Bonds* or Fixed Rate Treasury Notes**)
Applicable Tax	20% Final Withholding Tax
Risk Declaration	Negligible Price Risk Sovereign Credit Risk
Pretermination Penalty	None but subject to Price Risk
Added Feature	May or may not be present

*Retail Treasury Bonds (RTBs) - are government securities which mature in more than a year. They are the direct and unconditional debt obligations of the national government issued by the Bureau of Treasury (BTr). They are considered safe, and liquid as they are traded in the secondary market . They are interest bearing with the interest payable every quarter ( 4x/ annum) . 

**Fixed Rate Treasury Notes (FXTNs) - are government securities which mature in more than a year. They are the direct and unconditional debt obligations of the national government issued by the Bureau of Treasury (BTr). They are considered safe, and liquid as they are traded in the secondary market . They are interest bearing with the interest payable semiannually ( 2x/ annum) .