Treasury Bills / Bonds Investment -help me to understand.

[dr. d]

Ok lang yan Doc, made ka na naman eh [emoji857]

oy hindi, ah!
daga rin kami.
mangangayod rin.
tumatakbo rin sa karera nang daga.... pro division.

[Mask Rider Blac]

Iba-ibang investments (i.e., bonds, CPs, stocks) ang ino-offer ng bawat bangko, lalo na kung ang isang bangko ay may related company na investment house. Bawat investment house, iba-ibang companies ang ina-underwrite. So kung anong companies ung na-underwrite ng investment house, un ang priority nilang unang “ibenta”. Prior to listing date/IPO, ipapasa ni investment house ang pagkuha ng orders kay trust banking, investment banking, private banking, bank branches, etc..at sila naman, i o offer sa clients nila (minsan makaka-receive ka ng e-mail or text message na may ino-offer si bank/branch). Ito ung kapag nagpunta ka sa branch, may ino-offer si branch na bonds, CPs or stocks. As mentioned earlier, iba-iba ang ino-offer ng bawat bangko, so maaaring wala sa ibang bangko o iba naman ang ino-offer nila. Kaya maigi na magtanong tanong sa iba’t ibang bangko kung anong meron sila. Magkakapareho lang ng ino-offer ang mga bangko kung ang kani-kanilang investment houses ay joint underwriters sa isang underwriting transaction…o kung bumili si bank sa secondary market. For 2022, mas marami ang bonds at CPs kaysa IPOs dahil election year plus rising interest rates.

[kagalingan]

ito maganda ba goverment bills,

500thou for 80days = Nasa 3,170pesos

so compute if 1.5milyones nasa 9,500

[Deestone]

My banker updated me regarding SMC and they have 5.25 years upto 10 years 7.3% upto 8.3% indicative rate and also Citicore 7.9% for 5 years. This is the first time I have heard of Citicore Energy.

[uls]

My banker updated me regarding SMC and they have 5.25 years upto 10 years 7.3% upto 8.3% indicative rate and also Citicore 7.9% for 5 years. This is the first time I have heard of Citicore Energy.

mas mataas interest rate ng di kilalang company kasi di sila kasing creditworthy ng blue chip like SMC

they're riskier so investors demand higher interest rate

[uls]

this is PH local currency bond yield



use that as a guide what interest rate you should be paid when buying a bond

(bond yields fluctuate pls check daily)

the gov't is the most creditworthy entity

companies have to pay higher interest than the government coz they can't be more creditworthy that the gov't

gov't bond yields = benchmark

[Deestone]

this is PH local currency bond yield



use that as a guide what interest rate you should be paid when buying a bond

(bond yields fluctuate pls check daily)

the gov't is the most creditworthy entity

companies have to pay higher interest than the government coz they can't be more creditworthy that the gov't

gov't bond yields = benchmark

Okay. Do banks offer them? because they are just offering me corporate bonds.

[uls]

Okay. Do banks offer them? because they are just offering me corporate bonds.

yes of course the public can invest in Philippine treasury bills and bonds

[Deestone]

yes of course the public can invest in Philippine treasury bills and bonds

Okay im now thinking if i should get SMC bonds or wait a little and a different corporate bond could offer a much higher rate or probably placed half in SMC first.

[Deestone]

Arthaland they are also offering a very good rate might as well divide it among them.....

[Deestone]

The corporate bonds offered by different banks are the rates basically the same? or there is a small percentage difference? because right now they can only give me indicative rate.

[uls]

The corporate bonds offered by different banks are the rates basically the same? or there is a small percentage difference? because right now they can only give me indicative rate.

assuming same maturity hindi parin dapat pare-pareho ang interest rate

kasi iba iba ang creditworthiness ng mga nangungutang

higher rated companies pay lower interest than lower rated companies

[Mask Rider Blac]

The corporate bonds offered by different banks are the rates basically the same? or there is a small percentage difference? because right now they can only give me indicative rate.

Indicative rates for now since these are yet to be listed.

https://www.sanmiguel.com.ph/storage...dratebonds.pdf

https://www.bworldonline.com/corpora...bond-issuance/

I'm not sure if these are the ones offered by your bank/s, but these are ones in the works..

[dr. d]

The corporate bonds offered by different banks are the rates basically the same? or there is a small percentage difference? because right now they can only give me indicative rate.

i think the various banks get their bonds from the same source,
hence the similar rates offered to their publics.
the "small" differences are probably to cover the banks' individual background requirements.
but because we are speaking of billions, "small" isn't really small at all.

[Deestone]

Indicative rates for now since these are yet to be listed.

https://www.sanmiguel.com.ph/storage...dratebonds.pdf

https://www.bworldonline.com/corpora...bond-issuance/

I'm not sure if these are the ones offered by your bank/s, but these are ones in the works..

Yep this is it. My bank is calling me right now to give the money to them as reservation fee.

[Mask Rider Blac]

i think the various banks get their bonds from the same source,
hence the similar rates offered to their publics.
the "small" differences are probably to cover the banks' individual background requirements.
but because we are speaking of billions, "small" isn't really small at all.

Yes, Doc. Various banks/investment houses working together..para kumita hehe

Sent from my CPH1911 using Tsikot Forums mobile app

[dr. d]

Yes, Doc. Various banks/investment houses working together..para kumita hehe

Sent from my CPH1911 using Tsikot Forums mobile app

can you imagine the chaos,
if we all went directly to the san miguel offices, to purchase our bonds?

[Deestone]

Yes, Doc. Various banks/investment houses working together..para kumita hehe

Sent from my CPH1911 using Tsikot Forums mobile app

Anyone of you did reserve SMC bonds too?

[Mask Rider Blac]

Anyone of you did reserve SMC bonds too?

Matagal nko hindi bumibili ng securities. Ang last ko yta ay SMC2C, pero redeemed na pala ‘to ng SMC last year pa.

[kagalingan]

next ko goverment bonds Meron pang short time ala 3 hours. Pag maximum ako sa ganito mga 18months. Hangang pagibig mp2 lang ako mag 5years.