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 investment denomination of PHP500,000, with increments of PHP100,000 thereafter. The bonds will be issued from the bank’s PHP200 billion peso bond and commercial papers program.

Jim Yap, Security Bank’s Executive Vice President and Financial Markets Segment head, expressed enthusiasm about the offering, stating, “We’re excited about this peso bond offering as it further strengthens Security Bank’s funding base and supports our growth and lending activities. At the same time, it gives investors a high-quality peso investment with stable, predictable returns – underscoring the Bank’s financial strength and commitment to our clients.”