The National Power Corporation (NPC) Provident Fund received the cash and non-cash rewards for the Premyo Bonds para sa Bayan (Premyo Bonds) third quarter rewards draw promo of the Bureau of the Treasury (BTr) and partner institutions.
The NPC Provident Fund, which made its Premyo Bond placements through Landbank, received P1 million cash prize and a condominium unit from Megaworld Corporation.
The Premyo Bonds are deemed one of the safest and affordable short-term investment products when it was offered from Nov. 25 to Dec. 13, 2019. Issued by the national government, the bonds were offered at a minimum denomination of P500 with a fixed interest rate per annum of three percent. A Premyo Bond investment of P500 entitles the investor to one raffle ticket.
The ceremonial turnover was held on Oct. 2 in Intramuros, Manila.
The fourth quarter rewards draw for the Premyo Bonds will be held on Dec. 18. – Press release
