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Land Bank of the Philippines (LBP) Returns to PDEx with PHP 50 billion Worth of ASENSO Bonds

Posted:

February 16, 2026

16 February 2026, Makati, Philippines – Philippine Dealing & Exchange Corp. (PDEx) welcomes Land Bank of the Philippines (LANDBANK) and its issuance of Agriculture, Sustainability, Environment, and Socioeconomic Development (ASENSO) bonds worth PHP 50 billion.

PDEx President, Stephanie Marie A. Zulueta in her remarks acknowledged the essence of this latest issuance from LANDBANK – “From its name ‘ASENSO,’ LANDBANK’s mission to make sustainable investing more accessible than ever is evident through the minimum placement of just PHP 10,000 (pesos) for these bonds. Long-term funding for its green and social projects, relative to its own Sustainable Finance Framework, will be the core focus of the bonds’ net proceeds.”

Zulueta also highlighted the Bank’s achievements from the previous year – “The Bank secured the ‘Best Bank for Diversity and Inclusion’ at the Euromoney Awards for Excellence 2025 and ‘Domestic Retail Bank of the Year – Philippines’ from The Asian Banking & Finance Awards, forming a sense of balance between LANDBANK’s operational excellence and firm commitment to its mandate.”

LANDBANK President and CEO, Lynette V. Ortiz, presented the highlights of the issuance in terms of market accessibility – “For the first time, corporate bonds were made accessible for purchase directly through a mobile banking application. With a minimum investment of only ₱10,000, more than 7,000 transactions were completed through the LANDBANK Mobile Banking App, generating significant subscription to our issuance.”

Ortiz also mentioned how sustainable finance is now a reality that promotes holistic transformation – “The success of the ASENSO Bonds shows what is possible when capital markets serve a higher purpose. This is finance that supports not just portfolios, but people; not just balance sheets, but communities; not just short-term returns, but long-term resilience.”

As the issue manager, China Bank Capital Corporation President, Ryan Martin L. Tapia, also applauded the level of investor confidence that the issuance has received – “The strong support from the market is a testament that this issuance is only the first of many to come, and that LANDBANK will look to be active in the capital markets for its funding needs.”

This fourth admission for 2026 brings year-to-date total of new listings and enrollments to PHP 201.1 billion and the total level of tradable corporate debt instruments to PHP 1.4 trillion issued by 42 companies, comprised of 165 securities.