Category Archives: Money Market Funds

Where to Invest 5-Year Fixed Rate Corporate Bonds

5-Year Fixed Rate Corporate Bonds up to PhP 5,000,000,000 will be offered this month. Issuer: First Metro Investment Corporation Price: 5-Yr Government Bond‘s Yield at *5.0412% + 25-75 bps spread Security: 100% Collaterized by government securities Denomination: Minimum of PhP 50,000 & increment of PhP 5,000 thereafter Tenor: 5 years and 3 months Offer Period:…

Best Money Market Funds for High Yield Account Investments

Best Money Market Funds for High Yield Account Investments — Rizal Commercial Banking Corporation (RCBC) peso-denominated money market unit investment trust fund (UITF) is the best money market funds for high yield investment today. It continues to outperform the other players in the money market fund industry as it attains the highest rate of profit both on a year-to-date and year-on-year basis, according to data recently released by the Trust Officers Association of the Philippines (TOAP).