Mortgage backed securities or more complex products based on those securities were in high demand by banks and investors around the world who were “searching for yield” in an environment characterised by low interest rates.
We will print the ID at less than $ a piece – 60 cents to be exact. We will provide the needed equipment and space for the embedding of personal information onto the blank cards, which will be done by the Philippine Statistics Authority. The card issuance will start in April 2020.