Metrobank has opened the offer for its Series F ASEAN Sustainability Peso Bonds, aiming to raise at least P5 billion, with an option to accept oversubscriptions, as the bank strengthens its funding portfolio and advances its sustainable finance agenda.
The peso-denominated bonds come with a fixed annual interest rate of 5.4727 percent and a tenor of one and a half years, offering investors a short-term placement tied to projects with environmental and social impact.
The offer period runs from March 17 to March 30, 2026, while the bonds are scheduled to be issued and listed on the Philippine Dealing & Exchange Corp. on April 14, 2026.
Metrobank said the proceeds will be used to support its lending activities and further diversify its sources of funding. In line with the bank’s Sustainable Finance Framework, the funds are intended to finance or refinance eligible green and social assets, helping back initiatives that contribute to positive and measurable outcomes for communities and the environment.
The minimum investment is set at P500,000, with additional subscriptions accepted in increments of P100,000.
Handling the transaction as Joint Lead Managers and Joint Bookrunners are First Metro Investment Corporation, ING Bank N.V. Manila Branch, and Standard Chartered Bank. Metrobank, together with First Metro, ING, and Standard Chartered, will also serve as Selling Agents, while ING has been designated as Sustainability Coordinator. The bank and its partner institutions may revise the timetable if necessary.
The issuance is part of Metrobank’s broader bonds and commercial papers program of up to P200 billion, which was approved by the bank’s Board of Directors on December 15, 2021.
Interested investors may inquire at any Metrobank branch or contact the selling agents for further details.
The bonds are securities exempt from registration under Section 9.1(E) of the Securities Regulation Code and have not been and will not be registered with the Securities and Exchange Commission.