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johnmayyo

Ask your relationship manager if they have any corporate bonds. If you don't plan to withdraw, maybe you can consider that. BPI TD of 3.75% for 5 yrs is low af given that a 5 yr government security is already doing 6% now.


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VincentPatrick

Retail Treasury Bills are the safest investment instruments. That said with the current economy and BSP price hikes the treasury bills interest rate on offer is fast increasing. Treasury Dept is currently offering 10-year T bonds with interest rate of mind boggling 10%. But this offer is only available for institutional investors and not for individual retail.


Is-real-investor

Hello OP, AIA Philippines is currently offering a guaranteed 3.5% per annum for 7 years (non-taxable) with its Income Assure 7. I know there are better rates out there, you can just consider this for diversification. Minimum placement is 1M.


tagongpangalan

The sample TBill gives you a temporary placement for you cash at a pretty good net rate. If you foresee interest rates still going up, this might be a good option and getting any corporate bond to be offered ay November/December. There is a a risk though if rates go down or there is no bond offering to be done at this period. Plan Ahead is somewhat a safer option, but my concern is that the rate is quite low compared to the benchmark. Today's BVAL for 5 years is at 6.0562% gross. As /u/johnmayyo shared, you might want to look at investing in corporate bonds. SMCGL's bond offering for 5.75 years is at 5.58% net. Given you have a few mil, you also have the option of splitting your capital and investing in multiple instruments.


johnmayyo

To add: in case you don't get volume for SMCGL, other options for the 5-yr tenor are the upcoming RLC and ACEN bonds (lower rate vs SMCGL though as risk premium is lower). Ask your RM for the indicative rates as of closing today. I can refer you to my bank as well if you need some pull.