Section 7
SEC. 7. Section 21 of the same Act is amended to read as follows: "SEC. 11. Form, rates of interest of bonds, etc. — The National Economic and Development Authority, in consultation with the Monetary Board, shall prescribe the form, the rates of interest, the denominations, maturities, negotiability, convertibility, call and redemption features, and all other terms and conditions of issuance, placement, sale servicing, redemption, and payment of all bonds issued under the Authority of this Act. The bounds issued by virtue of this Act may be made payable both as to principal and interest in Philippine currency or any readily convertible foreign currency. Said bonds shall be receivable as security in any transactions with the Government in which such security is required.