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LANDBANK offers BTr’s Premyo Bonds through online channel


December 4, 2019

LANDBANK Treasury and Investment Banking Sector Head Executive Vice President Carel D. Halog (right photo) discusses the convenience of purchasing the Premyo Bonds via the LANDBANK Link.BizPortal during its recent launch. The Premyo Bonds launch was led by (left photo) National Treasurer Rosalia V. De Leon (third from right), together with (from right to left) China Bank Capital Corporation President Ryan Martin I. Tapia, LANDBANK EVP Halog, DBP President and CEO Emmanuel G. Herbosa, BDO Capital and Investment Corporation Eduardo V. Francisco, and First Metro Investment Corporation President Rabboni Francis B. Arjonillo.

As part of its support to the government’s thrust to make government securities more accessible to the general public, Land Bank of the Philippines (LANDBANK) makes available its online payment facility—Link.BizPortal—as a convenient way for its account holders to invest and purchase the Bureau of Treasury’s (BTr) on-going Premyo Bonds offering.

LANDBANK announced this initiative during the launch of the Premyo Bonds last November 25, 2019 at the Bulwagan ng Diwang Pilipino, Development Bank of the Philippines (DBP) Head Office, Makati City.

National Treasurer Rosalia V. De Leon led the launch together with top executives from partner banks in both private and public sectors, namely DBP President and CEO Emmanuel G. Herbosa; BDO Capital and Investment Corporation Eduardo V. Francisco; China Bank Capital Corporation President Ryan Martin I. Tapia; First Metro Investment Corporation President Rabboni Francis B. Arjonillo; and LANDBANK Executive Vice Presidents Carel D. Halog and Alan V. Bornas representing LANDBANK President and CEO Cecilia C. Borromeo.

EVP Halog presented a step-by-step process in using LANDBANK’s Link.BizPortal for a more convenient way to invest in the Premyo Bonds. “This is a trailblazing effort to help reach the retail investors as part of the government’s financial inclusion efforts, through LANDBANK’s Link.Biz Portal,” EVP Halog said.

Premyo Bonds are part of the government’s savings mobilization program designed to make government securities more accessible to retail investors. Proceeds from these will be used to fund government programs on education, housing, and healthcare, among others.

“The Premyo Bonds is a public-private partnership for Filipinos to get into the habit of investing,” Treasurer De Leon said during the launch.

For as low as Php500.00, interested individuals, cooperatives, provident funds, and retirement funds can invest in these bonds with a fixed 3% interest rate per annum. Investors also automatically qualify for a raffle entry for a chance to win as much as P1 million and other prizes such as condo unit or house and lot.

Offer period will run from November 25 to December 13, 2019. For more information, visit https://www.treasury.gov.ph/premyobonds/.


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