Investment Products

  
U.S. Treasury Securities
See Fixed Income Investments details.
Treasury Bills
US Treasury Bills are short-term, non interest bearing securities with maturities up to one year. Treasury Bills are issued at a discount from their par value.

Interest payments:  

* Treasury Bill holders will receive interest payment at maturity, which will be represented by the difference between purchase amount and face value of the security or sale amount, if sold before its maturity.

 

 
Treasury Notes and Bonds

Treasury Notes and Bonds are medium and long-term securities with maturities ranging from 2 to 30 years. These financial instruments may be negotiated before maturity, and are subject to the prevailing market conditions, which may result in a gain or loss. These securities have an active secondary market.

Interest payments:

*Notes and Bonds holders will receive semi-annual interest payments through the Bank, provided that the Bank maintains custody of the instruments.

For any Teasury Security , the minimum amount to invest is $100,000. Minimum term is three (3) months. Terms depend on the type of instrument:

 
*Customer will receive a safekeeping receipt from the Bank.

*These instruments are available to individuals and corporations.

*Investors who are Non-US citizens or Non-US residents are exempt of US income tax, provided that the securities were issued after July 18, 1984

 

 
These Investment Products offered by Pacific National Bank:
 (i) are not deposits insured by the FDIC;
 (ii) are not obligations of Pacific National Bank;
 (iii) are not guaranteed by Pacific National Bank;
 (iv) involve investment risks, including the possible loss of principal. 

 

 


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