Treasury Bonds
Sovereign debt market

Treasury Bonds

Every public country opens its bond programme with a first emission of 10,000 treasury bonds — private countries have no parliament to vote a loan, so they never issue any. Every bond in the world is worth the same: a face value of $0.10, paid in the issuer's own national currency at the exchange rate of the day the emission opened — so the price differs from country to country but the value never does. Each emission is a separate tranche with its own daily coupon rate and its own maturity date, so two bonds from the same country can pay differently and redeem on different days. Hold a bond and the state budget pays its emission's coupon every single day; when the emission matures the treasury buys it back at face value. Buy straight from the treasury or from other citizens, then hold for the coupon or list your own at any price you like. A country's credit rating climbs and falls with its budget — and if the treasury can no longer cover its coupons, it defaults on its debt until its finances recover.

PH

Philippines

AAA · Prime Servicing its debt
Credit rating
AAA
Prime
$1,022.82
State budget
64,199.14
PHP · $1,022.82
Held by players
10
1 Holders
Paid per day
0.1545
PHP /day
Bonds issued
10,000
On market
9,990
Best ask
6.18
PHP
Active emissions
1
0.25%/day

Coupon payments

Paid in the last 30 days: 4.635 PHP
15h ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
1d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
2d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
3d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
4d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
5d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
6d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
7d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
8d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
9d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
10d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
11d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
12d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
13d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
14d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
15d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
16d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
17d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
18d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
19d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
20d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
21d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
22d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
23d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
24d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
25d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
26d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
27d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
28d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
29d ago
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
Aug 22, 2026
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
Aug 21, 2026
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
Aug 20, 2026
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
Aug 19, 2026
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
Aug 18, 2026
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
Aug 17, 2026
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
Aug 16, 2026
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
Aug 15, 2026
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
Aug 14, 2026
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
Aug 13, 2026
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
Aug 12, 2026
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
Aug 11, 2026
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
Aug 10, 2026
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
Aug 8, 2026
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
Aug 7, 2026
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
Aug 6, 2026
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
Aug 5, 2026
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
Aug 4, 2026
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP
Aug 3, 2026
PH Philippines
Tidalwave · Emission #177
10
0.1545 PHP