PD 625 Section 25

Government Guarantee.

Section 25

SEC. 25. Government Guarantee. — The Republic of the Philippines hereby unconditionally guarantees the payment by the Authority of both the principal and interest of bonds, debentures, notes, drafts or such other evidence of indebtedness issued by the Authority by virtue of this Decree, and shall pay such principal and interest in the event that the Authority fails to do so. In case the-Authority shall be unable to pay the said principal and interest, the Secretary of Finance shall pay the amount thereof appropriated out of any funds in the National Treasury, and thereupon, to the extent of the amount so paid. The Government of the Republic of the Philippines shall succeed to all the rights of the holders of such bonds, debentures, notes, drafts or other evidence of indebtedness.

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Other provisions in PD 625

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationPD 625 Section 25 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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