Incorporated in 1995, the Philippine Depository & Trust Corp. (PDTC) was previously known as the Philippine Central Depository Inc. (PCD).
PDTC acts as depository, registry, and/or intermediary of participants for all kinds of securities or financial instruments and provides value-added services such as collateral management for repurchase transactions. It is also a lending agent and collateral manager for Securities Lending and Borrowing transactions and similar activities.
PDTC provides safekeeping and settlement services for listed fixed income securities in the Philippine Dealing and Exchange Corp. (PDEx). This includes government securities and corporate debt issues. PDTC supports both broker level and investor level settlement for all PDEx-traded transactions.
It is under the dual oversight of the Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas (BSP), considering the duality of its functions where it performs market services for securities engaged in the market as well as fiduciary services while securities are at rest.