RA 7621 (Charter of the Cebu Port Authority) Section 20

Form, Rate of Interest, etc. of Bonds.

Section 20

SEC 20. Form, Rate of Interest, etc. of Bonds. - The Secretary of Finance, in consultation with the Monetary Board, shall the form, the rate of interest, the denominations, maturities, negotiability, convertibility, call and redemption features, and call other terms and conditions of issuances, placement, sale, servicing, redemption and payment of all bonds issued under the provisions of this Act. The bonds issued by virtue of this Act shall be made payable both as to principal and interest in Philippine currency and shall be acceptable as security in any transaction with the Government in which such security is required.

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Other provisions in RA 7621 (Charter of the Cebu Port Authority)

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

CitationRA 7621 (Charter of the Cebu Port Authority) Section 20 (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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