The Land Bank of the Philippines (LANDBANK) is embarking on a major fundraising initiative to support national development goals, targeting to secure a minimum of ₱30 billion through a new issuance of sustainability bonds.
Investment Details and Public Offering
Officially named the Agriculture, Sustainability, Environment and Socioeconomic Development (ASENSO) Bonds, these fixed-rate instruments are denominated in Philippine Pesos and come with tenors of 1.5 years and 3 years. The offering provides a dual benefit: a secure fixed-income vehicle for investors and direct funding for projects with clear environmental and social impacts.
The bond issuance was first presented to Qualified Institutional Buyers on January 12, 2026. The general public can participate from January 28 to February 6, 2026, through the LANDBANK Mobile Banking App for convenient subscription. The minimum investment is set at ₱10,000, with increments of the same amount. The bonds are scheduled to be listed on the Philippine Dealing & Exchange Corp. by February 16, 2026.
Interest will be paid quarterly from the issue date and will be subject to final withholding tax. China Bank Capital Corporation (Chinabank Capital) serves as the Sole Issue Manager, with both LANDBANK and Chinabank Capital acting as Selling Agents.
Funding Green and Social Initiatives
Proceeds from the ASENSO Bonds will be strictly allocated to eligible projects in two key areas:
- Green Projects: Renewable energy, energy efficiency, green buildings, clean transportation, sustainable water management, and pollution prevention.
- Social Projects: Food security, affordable housing, healthcare, education, access to essential services, employment generation, and broader socioeconomic advancement.
"The ASENSO Bonds offer investors a unique opportunity to earn competitive, fixed returns while contributing to meaningful projects that benefit communities and the environment," stated LANDBANK President and CEO Lynette V. Ortiz. She emphasized that with growing demand for sustainable investments, this is an ideal time to back initiatives that create positive impact and support long-term national growth.
Part of a Broader Sustainable Finance Strategy
This bond issuance is a core component of LANDBANK's Sustainable Finance Framework, which weaves environmental, social, and governance (ESG) principles into the bank's operations. The framework supports the Philippine Development Plan, the Philippine Sustainable Finance Roadmap, and the United Nations Sustainable Development Goals.
The Securities and Exchange Commission (SEC) has confirmed that the offering complies with the ASEAN Sustainability Bond Standards. Recognized by the Bangko Sentral ng Pilipinas (BSP) as a pioneer in sustainable finance, LANDBANK continues to grow its portfolio of green, social, and sustainability-labeled financial instruments.
This marks LANDBANK's second foray into the sustainability bond market, following a successful maiden issuance in 2020 that raised ₱5 billion and was oversubscribed by more than five times, attracting total bids of ₱16.6 billion against an initial target of ₱3 billion.
For comprehensive details, interested investors can access the full Offering Circular on the official LANDBANK website.
