Filed Pursuant to Rule 433
Registration Statement No. 333-133836
September 14, 2006
Relating to Prospectus Supplement dated September 6, 2006
Republic of the Philippines
Final Term Sheet for Cash Offering of
U.S. dollar-denominated Amortizing Global Bonds due 2024
| | |
Issuer | | Republic of the Philippines |
Issue currency | | US$ |
Amount issued | | US$10,000,000 |
Security type | | Senior Unsecured Bonds |
Coupon | | 7.50% |
Coupon dates | | March 25 and September 25 |
Principal amortization dates | | September 26, 2022, September 25, 2023, September 25, 2024 |
Maturity date | | September 25, 2024 |
CUSIP | | 718286BC0 |
Price to public | | 101.156% |
Proceeds, before fees and expenses | | US$10,115,600 |
Settlement date | | September 25, 2006 |
Denominations | | US$100k/1k |
Day count | | 30/360 |
Joint bookrunners | | Goldman, Sachs & Co., JPMorgan |
The issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the Securities and Exchange Commission for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the Web site of the Securities and Exchange Commission at www.sec.gov. Alternatively, an underwriter or dealer participating in the offering will arrange to send you the prospectus if you request it by by calling Goldman, Sachs & Co. toll-free (in the U.S.) at +1-866-390-1729 or J.P. Morgan Securities Inc. toll-free (in the U.S.) at +1-877-217-2484.
The prospectus can be accessed through the following link:http://www.sec.gov/Archives/edgar/data/1030717/000119312506185682/d424b3.htm