PH to issue first tokenized bonds

Nov 17, 2023 12:30 am

THE country's first-ever offering of peso-denominated Tokenized Treasury Bonds (TTBs) will be launched on Monday with the government looking to raise a minimum of P10 billion.

The TTBs, the Bureau of Treasury said in a notice, will comprise one-year fixed-rate government securities that will pay semiannual coupons. They will be available to qualified buyers beginning November 20 with the issue date set for November 22.

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