BDO Unibank Inc. has raised a record P132 billion through its sixth peso-denominated ASEAN Sustainability Bond offering after overwhelming demand from retail and institutional investors pushed subscriptions to more than 26 times the original P5-billion offer.

The bank said the strong response prompted the country’s largest bank to close the offering ahead of schedule on 10 July, instead of the original 9 to 21 July offer period, underscoring sustained investor confidence in both BDO and sustainable investment opportunities.

BDO reported that the latest issuance, which carries a 1.5-year tenor and a fixed annual coupon of 6.26 percent, was issued, settled and listed on 28 July, Tuesday.

Strong investor demand

It marks the bank’s sixth ASEAN Sustainability Bond offering and its second sustainability bond issuance this year, following the P100 billion offering completed in January, which also closed ahead of schedule due to strong investor demand.

The successful fundraising comes as BDO continues to deliver solid financial results.

The bank recently reported a record net income of P40.7 billion in the first half of 2026, supported by a 15 percent expansion in its loan portfolio to P3.9 trillion, an 11 percent increase in net interest income and continued improvement in asset quality, with its non-performing loan ratio declining to 1.64 percent.

Strong capital position

Total deposits grew 13 percent, while its Common Equity Tier 1 ratio stood at 13.1 percent, highlighting its strong capital position to support continued lending and future business expansion.

BDO said the net proceeds will be used to finance and/or refinance eligible assets under its Sustainable Finance Framework, support the bank’s lending activities and further diversify its funding sources.