Invest and get a chance to win prizes with Premyo Bonds 2

Premyo Bonds are investments issued by the Republic of the Philippines that pay out quarterly interest payments and offer raffle prizes. You can invest in them for as low as PHP 500.

Metrobank, First Metro Investment Corporation (“FMIC”), and First Metro Securities Brokerage Corporation (“FMSBC”) were appointed as selling agents of the Premyo Bonds.

Below are the details of the offering:

Issuer: Republic of the Philippines

Issuance Type: Philippine Peso-Denominated Premyo Bonds 2, a direct, unconditional, unsubordinated, and general obligations of the Republic and shall be rank pari passu and without any preference among other debt instruments of the Philippine Republic thru BTr.

Issue Size: Php 3 Billion

Tenor: One (1) year

Maturity Date: December 16, 2021

PDIC Coverage: None

Minimum Investment and Account Name:

• FMSBC: for orders below Php 500,000, single name only, via online facility (must have FMSBC and any bank account)
• FMIC: for orders below Php 500,000, via Physical/Over-the-counter
• Metrobank (through investment specialists and branches): for orders at least Php 500,000 via Physical/Over-the-counter

Note: Can accommodate bookings of more than Php 500,000, on a case-by-case basis.

Coupon Rate: 1.250% gross per annum (or 1.00% net)

Additional Benefit: Every Php 500 worth of investment is equal to 1 bond unit which entitles the investor to 1 raffle entry with a maximum of 20,000 raffle entry or bond unit (investment of Php 10M). For a Php3 billion issue size, raffle prizes drawn every coupon payment date are cash rewards amounting to Php 1 Million (one winner), Php 100,000 (10 winners), and Php 20,000 (50 winners), and a special set of raffles for investors with a total investment of no more than Php 20,000 (50 winners).

Interest Frequency/ Day count: Quarterly, 30/360

Form: Scripless

Final Withholding Tax: Interest income on the Bonds is subject to a final withholding tax

Transferability of Notes/ Tradability: Non-tradeable, non-transferable, hold to maturity

Bond Exchange Feature Offer Period:

• Eligible Security: Premyo Bonds 1
• Exchange Ratio: 1.0 (1 is to 1 Exchange)
• Minimum Denomination: Php 500 in multiples of Php 500 thereafter
• Accrued Interest of Premyo Bonds 1: Paid in cash on Premyo Bonds 2

Offer period: November 11, 2020 – December 11, 2020*

*Offer period may be closed earlier by the Bureau of Treasury

Deadline of Document Submission: December 11, 2020

Settlement Date: December 14, 2020

Issue Date: December 16

Get in touch with your investment specialist or branch of account to avail of this offer.

Learn more at https://www.treasury.gov.ph/premyobonds/