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Security Bank to offer P1 billion fixed-rate peso bonds

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ABS-CBN News

<p><br/>MANILA - Security Bank on Monday said it is offering up to P1 billion<br/>worth of fixed-rate bonds due in 2024 with an oversubscription option.</p><p>The bank said the bonds will have a tenor of 1.5 years and a fixed annual rate of 3.7407 percent. </p><p>&quot;The public offer period will run from July 4, 2022, to July 15, 2022,&quot; the bank said. </p><p>The bond offer will have a minimum denomination of P1 million and increments of P100 thousand thereafter, Security Bank said. </p><p>The bonds will be listed on the Philippine Dealing and Exchange Corp on July 20. <br/> </p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/06/02/22/unionbanks-digital-peso-bond-offer-raises-p11-billion">UnionBank raises P11 billion through blockchain-powered digital peso bond offer</a></li>	<li><a href="https://news.abs-cbn.com/business/05/11/21/security-bank-krungsi-sb-finance-p3-billion-capital-infusion">Security Bank, Krungsi joint venture to receive P3 billion capital infusion</a></li></ul><p>RELATED VIDEO</p><figure class="op-interactive"><iframe height="315" src="https://www.youtube.com/embed/KLczq_gu-Bs?enablejsapi=1" width="560"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

The bank said the bonds will have a tenor of 1.5 years and a fixed annual rate of 3.7407 percent. 