For the sake of brevity, I left out explanations of the implications of the eligibilities and sweeteners that CODE-NGO/RCBC actively sought for the PEACe Bonds. These have been discussed in my previous post, "Revisiting the PEACe Bonds", and elsewhere on other blogs and news websites. I have also left out discussions of the controversial decision of the Bureau of Internal Revenue to belatedly impose a 20% Final Withholding Tax on the PEACe Bonds. This has also been discussed in a previous post, "A Tax on the PEACe Bonds - Who is Left Holding the Bag?", as well as elsewhere on the web.
To watch the video, click on the video link below.