Understanding ROP Bonds

Tenor (years) / maturity
Tenor refers to the length of time (in years) until a bond's maturity date.

Coupon rate
This refers to the original interest rate when the ROP was first issued. Clients will receive principal (or face amount) x coupon rate every coupon rate payment period.

Offer price
This refers to the indicative price BPI is willing to offer (or sell) a particular security to an interested client. This is quoted as a percentage in relation to its par value. For example, a bond with an offer price of 110.25 is trading at 110.25% of its par value.

Yield to Maturity (YTM)
Yield to maturity refers to the return on investment (ROI) for clients who will buy a certain ROP on a specific date based on the indicated price. It is important to note that YTM is only indicative.

Customer support

For other inquiries and comments, please send us a message or call our 24-hour BPI Contact Center at (+632) 889-10000.

 

Related information

Fixed Income Securities

Invest in Corporate or Government Bonds designed to optimize your returns.

Peso Bonds

Invest in Corporate or Government Bonds designed to optimize your returns.

BPI Terms and Conditions

View the T&Cs related to the operation of a BPI Securities Account.
Need more help?

Get all the help for your banking needs.

prefered