Bank of the Philippine Islands (BPI) has announced plans to issue up to P5 billion worth of peso-denominated fixed-rate bonds, branded as BPI SIGLA Bonds, marking the second tranche under its P200-billion Bond and Commercial Paper Program.

In a disclosure dated 5 January  2026, BPI said the bonds — formally called Supporting Individuals Grow, Lead and Achieve Bonds — will have a two-year tenor and mature in 2028. The offer carries an option to upsize, subject to market conditions.

The Securities and Exchange Commission has affirmed the bonds’ ASEAN Social Bond label, allowing BPI to channel net proceeds toward financing or refinancing eligible social projects under its Sustainable Funding Framework, in line with ASEAN Social Bond Standards.

The public offer period is scheduled to run from 26 January to 4 February 2026, with listing and issuance expected on 13 February 2026 through the Philippine Dealing & Exchange Corp.

BPI Capital Corporation and ING Bank N.V., Manila Branch will serve as joint lead arrangers and selling agents for the offer.

The bank said it reserves the right to update the offer terms, timelines, and other details as deemed necessary, with due notice to investors.

The bonds are exempt from registration under the Securities Regulation Code and are not deposit instruments insured by the Philippine Deposit Insurance Corporation. BPI is supervised by the Bangko Sentral ng Pilipinas.