CBMPC Floats Two Series of CBMPC Bonds II

To fund the various projects of the coop such as lending activities, agri-related projects and other activities; and provide short and medium term investment opportunities for its members, the coop floated the CBMPC Bonds II consisting of Series A and B. Features of these bonds are as follows:

• SERIES II-A

Tenor : Six (6) months
Minimum Investment Required: P 50,000.00 in increments of P10,000.00                                                                                                                                                           Interest Rate: 2.50% p.a. (net of tax)                                                                                                                                                                                                                     Interest Payment Dates: At maturity
Issue Size: P3.0M
Issue Date: December 20, 2022
Maturity Date: June 19, 2023

• SERIES II-B

Tenor : Three (3) years
Minimum Investment Required : P200,000.00 in increments of P50,000.00                                                                                                                                                         Interest Rate : 3.725% p.a. (net of tax)                                                                                                                                                                                                                   Interest Payment Dates: Every quarter commencing on March 19, 2023                                                                                                                                                             Issue Size : P5.0M
Issue Date : December 20, 2022
Maturity Date : June 19, 2025

These fixed-rate bonds constitute the direct, unconditional, secured and general obligations of the Issuer. Offer period started on November 29, 2022 until fully subscribed but not beyond December 28, 2022 with payment date upon subscription starting November 29, 2022 until December 28, 2022. The sources of payment of these CBMPC Bonds II are the coop’s rental collections from the Las Pinas Apartment as well as from the collections of loans and/or maturity of investments. In case of default, CBMPC assigns its six (6) units apartment located at Dona Leoncia Subdivision in Las Pinas City. The coop may preterminate the bonds once the said apartment has been sold. These bonds are transferrable and can be sold at the secondary market, at the holders’ initiative. They are eligible as collaterals to any CBMPC loan products and the bondholders can borrow up to a maximum of 90% of the face value of their bonds.

The Series II-A is fully subscribed by nineteen (19) members. No takers for the Series II-B.