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INFINITY GOVERNMENT SECURITIES |
| Product Definition: |
Infinity Government Securities refer to the direct obligations of the Republic of the Philippines. These are issued by the National Government for its own account to meet expenditures authorized by law or to provide for the purchase, redemption or refunding of any obligations, direct or guaranteed by the Philippine Government. |
| Product Positioning: |
High-yield investments that are considered risk-free. |
| Target market: |
High networth individuals |
| Product Benefits: |
Sound investment since it is a direct obligation of the National Government
Higher returns on investment
Accepted as loan collateral
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| Product Features: |
Minimum Initial Deposit:
Term:
Interest Rate:
Withholding tax:
Interest credited:
Fund Access:
Transaction Record:
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P100,000.00
$100,000.00
Peso: 7-,30-,60-,90-days
USD: 182 days
Based on prevailing market rates
Peso: 20%
USD: Tax-exempt
At maturity
Manager's Check
Inward Remittance
Auto-credit to EWBC SA/CA
Peso: Confirmation of sale
USD: Certificate of Participation
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| Pretermination Penalty: |
Pretermination Penalty:
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Prevailing SA rate if withdrawn prior to maturity date
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Government Securities Calculator
