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Balikbayan Magazine Balikbayan Magazine

The Global Business, Investment, & Travel Briefing for the Global Filipino Community

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  • Europe

Filipinos in Germany gear up for Premyo Bonds 2 launch

  • November 6, 2020
  • Balikbayan Media Center
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Philippine Ambassador to Germany Ma. Theresa B. Dizon-De Vega encourages our kababayans to avail of the Premyo Bonds 2 offering ‘para sa Bayan’ and for their loved ones.

A week before the launch of the Premyo Bonds 2 offering by the Bureau of the Treasury (BTr) on 11 November 2020, the Philippine Embassy in Berlin, the Philippine Consulate General in Frankfurt and the BTr teamed up for a free webinar for Filipinos in Germany to learn more about the investment opportunity ON 04 November 2020.

National Treasurer Rosalia V. De Leon explained that Premyo Bonds offer Overseas Filipinos and other individual and retail investors a chance to invest in low-risk government securities, while at the same time contributing to the national effort to rebuild amid the COVID-19 pandemic. The Premyo Bonds have a one-year maturity and yield fixed quarterly interest payments, and could be availed of for a minimum investment of only PhP500. Furthermore, those who invest automatically qualify for a quarterly raffle draw wherein attractive cash and non-cash prizes are to be given away.

The webinar outlined the procedure for investing in the bonds, which will be offered between 11 November and 11 December 2020.

The webinar highlights the advantages of the Premyo Bonds vis-à-vis other investment instruments, especially its relatively low risk.

Ms. Leila Martin, the president of the Overseas Filipino Bank, was likewise present in the session and encouraged Filipinos in Germany to open an account with OF Bank and to use its mobile app to purchase Premyo Bonds 2.

Those who missed the live broadcast may still view the video recording on the Philippine Embassy’s Facebook page.

—
For more information, visit https://www.berlinpe.dfa.gov.ph, https://www.philippine-embassy.de or https://www.facebook.com/PHinGermany.

Balikbayan Media Center

Balikbayan Magazine's Media Center serves an audience in 60 countries and 101 cities throughout the World to ignite, drive, and fuel the economic development, progression, and modernisation of the Philippines. Our Media Center curates only the most critical, vital, useful, entertaining, and sometimes amusing information released from both the public and private sector. Our editorial team strongly believes that a well-rounded and well-informed society is a thriving society.

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  • Overseas Filipino Bank
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