Central Securities Depositories
Philippine Depository and Trust Corporation (PDTC)
Bureau of Treasury (BTR)
T+3 for Equities
T+1 to T+2 for Government bonds
T+2 for Listed corporate bonds
negotiable for Unlisted corporate bonds
Philippine Depository and Trust Corporation (PDTC) provides central registration of securities traded on the Philippine Stock Exchange and Fixed Income Exchange (FIE). The Philippine government's Bureau of Treasury acts as depository for government securities not traded on the FIE. Settlement time-frames are T+3 for equities, T for government securities and up to T+2 for other instruments.
Key terms defined in our glossary:
Central Securities Depository
BIS Model 2
The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.