IC CIRCULAR LETTER NO. 11/92 CL

: The Government Securities Department of the Central Bank of the Philippines is authorized to negotiate directly regarding the lost Treasury Note.
: The caveat concerns the 11-3/4% Treasury Note with a face amount of P10,000.00, issued on July 1, 1975, and matured on July 1, 1990, registered in the name of Rural Bank of Mallig, Inc.
: If the lost Treasury Note is presented for payment or negotiation, the person tendering it must be instructed to negotiate directly with the Government Securities Department, and their name and address should be secured and reported.
: All Central Bank departments/offices, authorized agent banks, accredited government securities dealers, and others concerned are requested to enter the caveat.
: Entering a caveat legally suspends or prohibits the transfer, negotiation, exchange, or payment of the government securities specified until proper authorization or resolution is made.
: The details include the serial number/denomination (SN# 21/59th Series), face amount (P10,000.00), date of issue (July 1, 1975), and maturity date (July 1, 1990).
: The person’s name and address must be secured and reported to the Government Securities Department of the Central Bank of the Philippines.
: Compliance is important to prevent unauthorized payment or negotiation of lost government securities, which could lead to financial loss and legal complications for the parties involved.