Section 8
SEC. 8. A sinking-fund is created for the payment of the bonds issued under the provisions of this Act, in such a manner that the total amount-thereof at each annual due date of bonds issued shall be equal to the total of an annuity of nineteen hundred and thirty-seven pesos and thirteen centavos for each one hundred thousand pesos of bonds, outstanding, accrued at the rate of interest of three and one-half per centum per annum. Said fund shall be under the custody of the Treasurer of the Philippines who shall invest the same, in such manner as the Secretary of Finance may approve, in accordance with the provisions of Act Numbered Three thousand and fourteen which governs the investment of sinking funds, shall charge all the expenses of such investment to said sinking funds, and-shall credit to the same the interest on investments and other income belonging to it.