A Government Securities Eligible Dealer (GSED) is an SEC-licensed securities dealer belonging to a service industry supervised / regulated by Government (Securities and Exchange Commission, Bangko Sentral ng Pilipinas or Insurance Commission) which has met the (a) P100 M unimpaired capital and surplus account; (b) the statutory ratios prescribed for the industry, and (c) has the infrastructure for an electronic interface with the Automated Debt Auction Processing System (ADAPS) and the official Registry of Scripless Securities (RoSS) both of the Bureau of the Treasury (BTr) using Bridge Information Systems (BIS) and acknowledged by the BTr as eligible to participate in the primary auction of government securities.
On the occasion of its 125th founding anniversary, the Bureau of the Treasury (BTr) awarded its 6th set of GSED-Market Makers for the year 2023.The Enhanced GSED program, which provides for the obligations and privileges of GSED-Market Makers, was launched in 2017 as part of reforms to develop the domestic debt market. Its goal is to promote depth and liquidity in the primary and secondary Government Securities market as well as support the capital market development initiatives of the BTr.
GOVERNMENT SECURITIES ELIGIBLE DEALERS
As of September 24, 2024
- Australia and New Zealand Banking Group Limited
- Asia United Bank
- BDO Capital and Investment Corporation
- Banco De Oro Unibank, Inc.
- BDO Private Bank, Inc.
- Bank Of The Philippine Islands
- BPI-Capital Corporation
- JPMorgan Chase Bank
- China Banking Corporation
- Citibank N.A.
- Philippine Bank of Communications
- CTBC Bank (PHILIPPINES) Corporation
- Development Bank Of The Philippines
- Deutsche Bank AG
- East West Banking Corporation
- The Hongkong and Shanghai Banking Corporation Ltd.
- ING Banking
- Malayan Bank Savings and Mortgage
- Maybank Philippines Inc.
- Metropolitan Bank and Trust Company
- Bank of Commerce
- Philippine Veterans Bank
- Philippine National Bank
- Philippine Business Bank
- Rizal Commercial Banking Corporation
- Standard Chartered Bank
- Security Bank and Trust Company
- Sterling Bank of Asia, Inc.
- Land Bank of The Philippines
- Union Bank of the Philippines
- BONDS.PH
- China Bank Savings Corporation
- Bank Of China Limited, Manila Branch
MARKET MAKERS
- Banco de Oro Universal Bank
- Bank of the Philippine Islands
- China Banking Corporation
- Citibank N.A.
- Development Bank of the Philippines
- Land Bank of the Philippines
- Philippine National Bank
- Unionbank of the Philippines
- Metropolitan Bank and Trust Company