'Premyo Bonds' offer budget investing, crack at P1 million, hotel unit
Updated as of Nov 26 10:46 AM
The P3 billion "Premyo Bonds" (Prize Bonds) offer shrinks the size of the typical debt paper 10 times to P500 from P5,000. At 3 percent interest, a P10,000 investment will earn P240 based on a sample computation, compared to P90 on a time deposit. It will also give the investor 20 entries to the raffle, drawn quarterly.
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