"GSIS Angat-Yaman (T-BILLS) Program"

September 9, 1996 REVENUE MEMORANDUM CIRCULAR NO. 40-96 SUBJECT : GSIS Angat-Yaman (T-BILLS) Program TO : All Internal Revenue Officers and Others Concerned For the information and guidance of all concerned, quoted hereunder is a letter from the Government Securities Dealing Department of the GSIS dated July 25, 1996, to wit: "COMMISSIONER LIWAYWAY V. CHATO Bureau of Internal Revenue BIR Building Diliman, Quezon City Dear Madam: We have the honor to invite you and your personnel to invest in Treasury Bills and other government securities thru the GSIS. We also wish to encourage your office/company to avail of our services to access high-yielding investment alternative in T/Bills and other government securities. We further wish to request your assistance in promoting the "GSIS Angat-Yaman (T/Bills) Program" by posting the attached Open Invitation in your bulletin boards. We look forward to be of service to you." All internal revenue officers and others concerned are requested to give this circular as wide a publicity as possible. LIWAYWAY VINZONS-CHATO Commissioner OPEN INVITATION TO CO-WORKERS, OFFICERS & STAFF Looking for big opportunities with small investment at no risk? If you are sued to putting money in savings or time deposits, 'then you are probably losing 0.5% to 2.5% interest income per annum. If your banks require you to maintain at least P10,000 average daily balance on your savings deposit to earn 2% to 4%, then you are definitely foregoing around 6% to 8% interest income per annum. Why settle for less? We at GSIS will help you earn better on investments that are risk free. Earn more invest your money now in the "GSIS Angat-Yaman" T/Bills. You can now invest in Treasury Bills at rates much higher than what you would normally get in your savings deposits or even time deposits. To top it all, you get your interest income in advance. Our Angat-Yaman Program accepts a minimum placement of P10,000, an offer that is not available from other government securities dealers. You should not miss this chance to earn better income for your hard earned money. For more information, please call our Government Securities Dealing Department (GSDD) at telephone numbers 5511714 and 5511692 or 8916161-200 local 4824. ENRIQUETA P. DISUANCO VP Corporate Planning Group Concurrent OIC GSDD