Evidences of indebtedness by an entity (either government or corporation) to creditors or investors who lend money to the entity by purchasing the bonds. Bonds may be sold at par (at face value), at a premium (at a price above its face value) or at a discount (at a price below its face value).

These securities are made available and are sold on a purely “executional basis?by Standard Chartered Bank (Consumer Bank) to its retail customers.

Benefits

• A range of securities available - Treasury Bills (Tbills); Fixed Rate Treasury Notes (FXTNs); USD Denominated ROP/BSP Bonds; Corporate Bonds; Subordinated notes/debt issues

• Matches your investment horizon with the maturity period of the fixed income security

• You can expect to receive regular coupon payments (based on the terms of each bond issue), and redemption of the face value/par back at maturity.

• Provides higher yields than traditional deposit if held on till maturity as long as you are aware and will accept the risks associated with fixed income investment, including the potential risk of capital loss associated with market price movements, issuer default, and the risk of not being able to sell the security prior to maturity, if there are no buyers in the market.