Ilocana wins grand prize of ICTSI-sponsored Premyo Bonds 2

A woman from Ilocos Sur won the PhP7 million grand prize of the Bureau of Treasury’s (BTr) Premyo Bonds Para sa Bayan (Premyo Bonds 2) last December 28.

Victoria Bringas Pereira, a resident of Vigan City and client of the Philippine National Bank, won the grand prize – PhP6 million from International Container Terminal Services, Inc. (ICTSI) and PhP1 million from the BTr – after investing in the Philippine Government’s lottery bonds last year. 

Initially offered in 2019 to raise funds for housing, education, healthcare and social services, Premyo Bonds are government-issued investment products that pay a fixed interest every quarter with 1-year maturity. On top of receiving quarterly interest payments, bondholders also stand to win cash and non-cash prizes from quarterly raffles. 

Premyo Bonds 2 was an initiative of the Department of Finance and the BTr as part of the government’s savings mobilization program designed to make government securities available to retail investors.

For 2021, ICTSI pledged PhP10 million to support Premyo Bonds 2 and its quarterly raffles. 

Rafael D. Consing Jr., ICTSI Senior Vice President and Chief Financial Officer, and Rosalia V. De Leon, National Treasurer of the Philippines, joined Pereira for the virtual awarding ceremony.