Premyo Bonds launched by Philippine Embassy in Abu Dhabi

Deputy Treasurer of the Philippines Erwin Sta. Ana explains the raffle mechanics of Premyo Bonds. (Abu Dhabi PE photo)

Abu Dhabi — The Philippine Embassy in Abu Dhabi hosted the launch of the Premyo Bonds in the presentation led by Deputy Treasurer of the Philippines (DTOP) Erwin Sta. Ana on 23 November 2019.

A financial literacy forum, the Premyo Bonds was attended by the Filipino community and representatives from partner banks such as the Philippine National Bank (PNB) and Land Bank of the Philippines.

The Premyo Bonds are innovative one-year investment securities that will provide individual investors, associations, and cooperatives with an opportunity to invest in government securities while giving them a chance to win cash prizes, up to one million per quarter, for a minimum investment of only five hundred pesos.

Deputy Head of Mission Marford Angeles addresses the Filipino community in the opening program of the financial literary forum. (Abu Dhabi PE photo)

The Embassy, through Deputy Head of Mission Marford Angeles, lauded the Bureau of Treasury for choosing Abu Dhabi as the first stop for the launch of this new government bond. “It is a tacit recognition of the significance of an empowered Filipino community as having the capacity to spur economic growth in the Philippines through remittances and bonds,” Deputy Head of Mission Marford Angeles Angeles said.

Noting the active exchange with the Filipino community during the forum as proof of their keen interest in investment opportunities in the Philippines through government securities, DTOP Sta. Ana shared that the Premyo Bonds is the most rewarding way to start investing as it gives investors quarterly interest payments and a chance to win in a quarterly raffle draw.


For more information, visit https://www.abudhabipe.dfa.gov.ph or
https://www.facebook.com/PHinUAE.

Balikbayan Media Center
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.

No Comments Yet

Leave a Reply

Your email address will not be published.

Spotlighting the growth, development, and progression of the Philippines since 2009. Balikbayan Magazine is a publication of the Asian Journal Media Group.