LANDBANK Issues
PESO LONG-TERM NEGOTIABLE CERTIFICATES OF TIME DEPOSIT (LTNCD)LANDBANK Issues
PESO LONG-TERM NEGOTIABLE CERTIFICATES OF TIME DEPOSIT (LTNCD)
LTNCD is a long-term negotiable certificate of time deposit indicating an amount of bank indebtedness with a designed maturity. LTNCDs are high-yielding, negotiable deposit instruments covered by Philippine Deposit Insurance Corporation (PDIC) up to Php500,000.00. The tenor is typically five years.
Product Features
LANDBANK LTNCD Due 2021
LANDBANK LTNCD Due 2019
How to Invest?
Open a Peso account or designate an existing LANDBANK Peso Account where interest and principal payments of the securities will be credited and comply with the documentary requirements.
Documentary and Other Requirements
- Client Suitability Assessment Form
- Acknowledgement to Invest in Specific Instrument (when applicable)
- Risk Disclosure Statement
- Client Agreement
- KYC Checklist
- Order Ticket
- Data Privacy Form
- Others as may be required by the Issuer (e.g. Application to Purchase, PDTC Specimen Signature Sheet, among others)