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Premyo Bonds are investment securities issued by the Republic of the Philippines.

PHOTO BY PHILIPPINE EMBASSY


Premyo Bonds offers Filipinos chance to win P1Million

 

DUBAI – The Philippines’ savings and investment scheme Premyo Bonds has launched a rewards program giving Filipinos in the UAE and around the world the chance to win P1 million and two Toyota Innovas.

Ten winners will also walk away with P100,000 each while 50 winners will get P20,000. Investors who put in up to P20,000 also qualify for the draw to win additional P50,000.

To qualify, a minimum investment of P500 (Dh38) is needed between November 11 to December 11 through www.treasury.gov.ph or through the mobile app Bonds.ph. Draws are held every quarter.

Premyo Bonds is offered by the Philippine Bureau of the Treasury. Investments earn an annual rate of 1.25 percent, while also helping the Philippine government in funding its programs.

“At least you know your money is safe and you know where it is going to be used. Apart from helping the government, your investment is also safe,” said Richelle Toledo, a Philippine Embassy employee in Abu Dhabi among those who supported Premyo Bonds.

What are Premyo Bonds?

Premyo Bonds are investment securities issued by the Republic of the Philippines.

How do I buy Premyo Bonds?

Premyo Bonds can be bought online on www.treasury.gov.ph or through the mobile app Bonds.ph. You can also use the OF Bank mobile app, or head to the authorised selling agents Landbank, DPB, BDO, Metrobank, PNB Capital, China Bank, First Metro Investment Corporation and Union Bank.

Is Premyo Bonds safe?

Yes. Because it has sovereign backing, your investment is credit risk-free and is a direct obligation of the Republic of the Philippines

How much is the minimum investment?

The minimum investment is P500 (Dh38)

How frequent is the interest payments?

Your investment pays interest every quarter.

What is the interest rate?

The interest rate is 1.25 percent per annum, which is higher than time deposits.

What makes Premyo Bonds special?

On top of your quarterly interest payment, bond holders get a chance to win quarterly cash draws:

P1 million plus two Toyota Innovas (1 winner)
P100,000 (10 winners)
P50,000 (for investors with placements up to P20,000)
P20,000 (50 winners)

What are the Premyo Bonds raffle mechanics?

• Each Bond Unit may win only once per quarterly cash rewards draw
• However, each bond holder may own multiple Bond Units
invest more (maximum of 20,000 Bond Units per NRoSS account)
• You can win multiple times if several of your Bond Units are selected during the cash rewards draw

How do Premyo Bonds work?

Here are the Premyo Bonds raffle mechanics
• Each ₱500 investment entitles the eligible bond holder one (1) Bond Unit
• Each Bond Unit serves as one (1) entry in every quarterly cash rewards draw

ICA/Expat Media


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