Security Bank Targets PHP5 Billion from Peso Bonds Offer
Manila: Security Bank Corporation announced its intention to raise at least PHP5 billion through the issuance of five-year fixed-rate peso bonds, aiming to bolster its lending activities and expand its funding base. According to Philippines News Agency, the bonds will be marketed at a fixed rate of 6 percent per annum. The public offer period is scheduled from September 22 to October 17, 2025, with the bonds being listed on the Philippine Dealing and Exchange Corp. on October 29, 2025. This listing aims to provide secondary market liquidity for investors interested in trading the instruments. The issuance requires a minimum