A significant financial opportunity has emerged as the Bank of the Philippine Islands launched a public offering of two-year social bonds, aiming to generate at least P5 billion. This initiative represents a focused effort to channel investment towards projects with a tangible social impact, offering investors a chance to participate in positive change.
These bonds, formally named BPI Supporting Individuals Grow, Lead, and Achieve Bonds – or BPI SIGLA Bonds – are priced at an annual rate of 5.405%, paid quarterly after taxes. This competitive rate is designed to attract a broad range of investors seeking both financial returns and a commitment to social responsibility.
The offering period is currently scheduled to conclude on February 4th, though the bank retains the flexibility to adjust this timeline as needed. Investors have a limited window to secure their participation in this unique bond offering.
Following the offer period, the bonds are anticipated to be officially issued and listed on the Philippine Dealing & Exchange Corp. on February 13th, providing liquidity and transparency for bondholders. This listing ensures a regulated market for trading the bonds.
Participation requires a minimum investment of P500,000, with subsequent investments accepted in increments of P100,000. This structure aims to balance accessibility with the scale of funding required for impactful social projects.
The funds generated from this bond offering will be directly allocated to financing or refinancing eligible social projects aligned with BPI’s Sustainable Funding Framework and the rigorous standards of the ASEAN Social Bond Standards. This commitment ensures accountability and measurable social outcomes.
This marks the second phase of a larger P200-billion bond and commercial paper program, approved in October 2024, demonstrating BPI’s sustained dedication to sustainable finance. The program provides a robust platform for future social and environmental initiatives.
BPI Capital Corp. and ING Bank N.V., Manila Branch are collaborating as joint lead arrangers and selling agents, leveraging their expertise to facilitate a successful bond offering. Their combined experience will be crucial in reaching a diverse investor base.
This launch follows a highly successful bond offering in May of the previous year, where BPI raised P40 billion through its 1.5-year SINAG Bonds – exceeding its initial P5-billion target. That previous issuance was the bank’s largest peso bond offering to date, highlighting strong investor confidence.
The SINAG Bonds offered an interest rate of 5.85% per annum, payable quarterly, demonstrating BPI’s consistent ability to deliver attractive returns to its investors. This track record further strengthens the appeal of the current SIGLA Bond offering.
BPI’s financial performance remains strong, with attributable net income increasing by 0.6% to P17.526 billion in the third quarter of 2025. This positive trend, contributing to a nine-month profit of P50.48 billion (a 5.21% year-on-year increase), underscores the bank’s financial stability.
Reflecting investor optimism, BPI’s shares experienced a modest increase on Monday, rising by P1 (0.86%) to close at P117 each. This positive market reaction signals confidence in the bank’s strategic direction and financial health.
