Premyo Bonds

Invest in Premyo Bonds 2

What are Premyo Bonds?

Premyo Bonds are investment securities issued by the Republic of the Philippines. These bonds have a 1-year maturity and offer bondholders cash and non-cash prizes in the form of quarterly raffle draws.

What are the benefits of Premyo Bonds?

Affordable. Start investing for as little as PHP 500.

Low Risk. Premyo Bonds are considered low risk investments as they are direct obligation of the Republic of the Philippines.

Frequent Interest Payments. Interest payments will be credited to your nominated settlement account quarterly.

Convenient. Premyo Bonds may be availed from partner banks such as BDO or through other channels such as the Bureau of the Treasury website.

Chance to win prizes. Investors can look forward to the opportunity to win cash and non-cash prizes in the quarterly raffle draws.

During the Public Offering Period, Premyo Bonds will be made available by the Bureau of the Treasury (“BTr”) through the Selling Agents to the following:

Individuals, trust entities, employee retirement funds, provident funds, cooperatives, mutual benefit associations, and other qualified associations.

Terms of the Offering:

Issuer	The Republic of the Philippines ("the Republic") through the Bureau of the Treasury (“BTr”)
Issue/Minimum Issue Size	Minimum of PHP 3,000,000,000.00
Form and Denomination of the Bonds	The Bonds shall be issued in scripless form and will be sold in minimum denominations of PHP500.00 and integral multiples of PHP500.00 thereafter.
Offer Period	Commencing on November 11, 2020 and ending on December 11, 2020, or any earlier date within the Public Offer Period as determined by the BTr.
Issue Date	December 16, 2020, unless another date is announced by the BTr
Maturity Date	December 16, 2021 - 1 year from issue date Provided that, if such date is declared to be a non-Business Day, the Maturity Date shall be the next succeeding Business Day.
Interest Rate	1.25% gross per annum
Interest Payment Frequency	Quarterly in arrears; 30/360-day count basis.
Other Features	Every PHP500.00 placement is equivalent to one (1) Premyo Bonds Unit. Each Premyo Bonds Unit entitles the bondholder to one (1) electronic Rewards Number (“e-RN”). There is no maximum investment amount. However, only 20,000 Premyo Bonds Units (or an equivalent investment amount of PHP10,000,000.00) shall be eligible per bondholder, per selling agent. Similar to Premyo Bonds 1, there will be quarterly raffle draws to coincide with the interest payment dates. Quarterly raffle prizes include: A. Main Cash Rewards Structure (assuming the minimum issue size of PHP 3,000,000,000.00): - 1 winner of PHP1,000,000; - 10 winners of PHP100,000; - 50 winners of PHP20,000 The Main Cash Rewards Structure shall be progressive. As such, the number of winners of PHP100,000 and PHP20,000 may increase depending on the final issue amount. B. Additional Rewards for Grand Prize winners - Cash Rewards PHP 6,000,000; PHP 3,000,000 - Non-cash rewards Toyota Innova (2 units) C. Special Cash Reward Mechanic (for small-denomination Investors with placements ranging from PHP500.00 to PHP20,000.00): - 20 winners of P50,000.00

Joint Lead Issue Managers:

Development Bank of the Philippines

Land Bank of the Philippines

Joint Issue Managers:

BDO Capital & Investment Corporation

China Bank Capital Corporation

First Metro Investment Corporation

PNB Capital and Investment Corporation

Unionbank of the Philippines

For more details, visit: www.treasury.gov.ph/premyobonds or contact your BDO representative now.

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