After you place an order during the offer period, it will be marked as “pending” in your Trade History. You may also view these tokens as “Ordered” in your wallet tab. The result of your order will be shown as “Issued” in your portfolio on Issuance Date, which is two business days after the bonds are allotted.
Normally, T-bills are offered on the PDAX app every Monday and have a 7-day order period, including weekends, before the auction date (which is based on the BTR schedule). The actual issuance occurs 2 business days after the awarded date.
Bonds are released on their scheduled issuance dates which are posted accordingly on bonds.pdax.ph/bond-details.
Take for instance the following:
Offer period: September 25 – October 6
Awarding date: October 9 (Monday)
If October 9 is a business day, your bonds should be issued on October 11, (1-2 business days after the awarded date). However, if October 9 is a non-business day and October 10 is the next business day, your bond will be issued on October 12, (1-2 business days after the business day awarded date).
If you have any questions or need further assistance, you may file a support ticket here or you can send us an email at support@pdax.ph.
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