PSBank Offers 5.6% p.a. Peso Fixed Rate Bond

Philippine Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, is raising at least Php 3 Billion in Peso Fixed Rate Bonds from July 1 to 17, 2019. The 2-year bond is priced at 5.6% per annum with interest payments made every quarter and full principal paid out at maturity in 2021. “We…