If you wish to earn higher interest than most time deposits, it’s time that you consider the 3 and 5 year corporate bonds issued by Globe. 

Corporate bonds are loans issued by companies to finance their investments and operations. In the case of Globe, the company is raising 3 billion for its capital expenditures.

The 3 year bond carries an interest of 7.5% while the 5 year bond will earn 8%. Minimum investment is Php 50,000. The rates are about 4-5% higher than what you would typically get in a time deposit.

For more information, get in touch with BDO, Metrobank or BPI.