Metrobank just set a new record for itself, raising ₱35 billion through its latest bond sale. This is the bank’s largest ever peso-denominated bond issuance, and it’s specifically earmarked to fund projects that focus on environmental sustainability and social growth.
The demand for these bonds was much higher than expected. Metrobank originally planned to raise only ₱5 billion, but investors showed up in a big way, with total orders reaching seven times that amount. Because interest was so high, the bank actually ended the public offer period a week early, closing the books on March 23, 2026, instead of the original March 30 deadline.
These bonds come with a fixed interest rate of 5.4727% per year and will mature in a year and a half. The bank plans to use the ₱35 billion to support its lending activities, specifically for projects that meet its Sustainable Finance Framework. This framework recently received a “Very Good” rating from Moody’s, which basically means the bank has a solid plan for making sure the money goes toward measurable environmental and social goals.
“We are encouraged by the strong response to this issuance, which reflects the trust our clients and partners continue to place in Metrobank,” said John Lu, head of the Treasury Group. “It also highlights the growing demand for investments that deliver not only financial returns, but also a meaningful and lasting impact.”
First Metro Investment Corp., ING Bank, and Standard Chartered Bank worked together to manage the deal. Moving forward, Metrobank says it wants to keep taking this disciplined approach, helping its clients stay ready for new opportunities while supporting long-term stability in the market.