Please see the attached press releases from the Securities & Exchange Commission[1],  the Bangko Sentral ng Pilipinas (BSP)[2] and the Bureau of the Treasury (BTr)[3] announcing the adoption of the international pricing convention for peso-denominated government and corporate bonds for settlement purposes, effective 4 January 2027. The announcement confirms that the necessary regulatory amendments and system enhancements will be in place before the end of 2026.

In support of this initiative, PDEx submitted its proposed amendments to the relevant rules, covering both government and corporate securities, to the Securities and Exchange Commission (SEC) on 25 September 2026 for approval. These proposed amendments are also available on the PDEx website for reference and guidance of the Market.[4]

The Exchange will provide further updates to the Market, as appropriate.

[1] https://www.sec.gov.ph/pr-2026/philippines-to-adopt-international-bond-pricing-convention/#gsc.tab=0

[2] https://www.bsp.gov.ph/SitePages/MediaAndResearch/MediaDisp.aspx?ItemId=8104&MType=MediaReleases

[3] https://www.treasury.gov.ph/?p=77211

[4] https://www.pds.com.ph/rules/

Press Releases on International Bond Pricing 12 October 2026