BPI Prices BPI SIGLA Bonds, Begins Public Offer Period

The Bank of the Philippine Islands (BPI) has priced its ₱5 billion peso-denominated fixed-rate BPI Supporting Individuals Grow, Lead, and Achieve Bonds due 2028 (the “BPI SIGLA Bonds”), with an option to upsize.

The BPI SIGLA Bonds will be issued at par and will carry an interest rate of 5.405% per annum, gross of applicable taxes, payable quarterly. (Photo: BPI Facebook) 

This marks the second tranche under BPI’s ₱200 billion Bond and Commercial Paper Program, approved by its Board of Directors on Oct. 16, 2024.

The BPI SIGLA Bonds will be issued at par and will carry an interest rate of 5.405% per annum, gross of applicable taxes, payable quarterly. The public offer period will run from Jan. 26 to Feb. 4, 2026.

The minimum principal investment is ₱500,000, in increments of ₱100,000 thereafter. The bonds are expected to be issued and listed on the Philippine Dealing & Exchange Corp. on Feb. 13, 2026.

They will have a tenor of two years and carry the “ASEAN Social Bond” label, as affirmed by the Securities and Exchange Commission on Dec. 18, 2025.

Net proceeds from the offer will be used to finance or refinance eligible social projects under BPI’s Sustainable Funding Framework, in line with ASEAN Social Bond Standards.

BPI Capital Corporation and ING Bank N.V., Manila Branch are the joint lead arrangers and selling agents for the offer. BPI and the joint lead arrangers reserve the right to update the offer terms, periods, and dates as deemed appropriate, with due notice.

Interested investors may visit any BPI branch or contact the joint lead arrangers through:

• BPI Capital: bpicapital@bpi.com.ph

  
  

• ING: DL-MNL-FMSALES@ing.com