THE Ayala-led Bank of the Philippine Islands (BPI) said that they had listed its biggest bond issuance.

According to BPI, they listed P36.6 billion of their fixed-rate bonds for May 2025 with the Philippine Dealing & Exchange Corp. (PDEx).

A listing ceremony was held in Makati, where PDEx President and CEO Antonino Nakpil welcomed what they said as the largest issue of the year.

It is being done with their P20 billion bond issuance that is a third of the total listing for the year. 

There is a total of 5,935 “happy bondholders”.

“Funding is still flowing to borrowers so they meet their debt capital requirements. Investors have remained thirsty for fixed income instruments for both corporate securities and government securities staying buoyant as well,” said Napil.

According to BPI Treasurer and Head of Global Markets Dino Gasmen they were a bit surprised with the huge demand for their 1.5-year issuance.