SSS to release 13th month pay of pensioners;
Pag-IBIG Fund disbursed P50.79B cash loans;
BTR eyes to net P10B from peso-denominated tokenized treasury bonds
Pag-IBIG Fund disbursed P50.79B cash loans;
BTR eyes to net P10B from peso-denominated tokenized treasury bonds
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NewsTranscript
00:00 Social Security System is set to release its 13th month pay for all its
00:04 pensioners of this December. This and other stories in tonight's business
00:08 news wrap up.
00:09 The Social Security System or SSS is set to release the 13th month pay of
00:16 its pensioners. The payouts will be done in two batches with the first
00:20 batch to receive the bonus on December one and the second batch on December
00:24 four. So you might not have to go in the 13th month. It's equivalent.
00:28 Ho, the second one, monthly pension. If they can receive a minimum, the minimum
00:33 we receive now is P2,000. And the highest we receive now is P19,600. So whatever the monthly pension they receive, this is equivalent to what they will receive as their 13th month pay.
00:53 But the big fund has disbursed 50.79 billion pesos in cash loans in the past 10 months. With this, but the big has broken its own record for the highest amount of cash loans for any January to October period. The record breaking cash loan disbursement benefited over two million members, which in itself is also an achievement.
01:13 The Bureau of Treasury or BTR is eyeing to net 10 billion pesos from the country's maiden offering of peso denominated tokenized Treasury bonds. The Treasury Bureau in a notice said it will offer the bonds to qualified institutional buyers on November 20 and it will be issued on November 22.
01:32 Sharms Espina for the nation.