Click HERE so you will be directed to the BOND ORDER FORM. Note that submission constitutes your firm, unqualified, and irrevocable intent to participate in the proposed issuance.
Enter your personal information and input your order. Kindly take note that the Order Type, Security Name, and Amount are mandatory fields.
MINIMUM INVESTMENTS ON BONDS:
RTB (Government Bond) - PHP 5,000 increments of PHP 1,000
FXTN (Government Bond) - PHP 10,000 increments of PHP 1,000
Corporate Bonds - PHP 50,000 increments of PHP 10,000
TBILLS (Government Bond) - PHP 10,000 increments of PHP 1,000
*Retail Dollar Bonds - USD 300 increments of USD 100
*Should have an active FirstMetroSec dollar trading account
Upon receipt of your order, we will provide you with a detailed computation based on the prevailing market price. Once you agree with the computation, kindly reply to our email to confirm your order.
We will execute* the trade in the market and confirm the transaction via email. The fixed income security will then be visible in your portfolio upon settlement of the trade.
*NOTE: Account should have available cleared funds before the buy transaction is executed.
Lastly, please ensure that your FirstMetroSec account is updated. Failure to update will result to delay in executing the trade. If your account needs updating, click HERE.
Buying and Selling Fees (Secondary Market):
| A. Broker's Fee (inclusive of 12% VAT) | |
| 1. Government Bonds | |
| With remaining tenor ≤ 1 year | Face Value x 0.125%, pro-rated |
| With remaining tenor > 1 year | Face Value x 0.125% |
| 2. Corporate Bonds | |
| With remaining tenor ≤ 1 year | Face Value x 0.25%, pro-rated |
| With remaining tenor > 1 year | Face Value x 0.25% |
| B. PDEX Transaction Fee | Face Value x 0.0025% |
Fixed Income Service Fee (to be charged from coupon):
- Face Value x 0.05% p.a. (Inclusive of Value Added Tax)
When sell order is executed, proceeds will be credited to your account after one (1) business day from sell date (T+1).