MANILA — The Land Bank of the Philippines (LandBank) announced plans to issue up to P5 billion in sustainability bonds during January–February 2026, marking its latest foray into the growing green and sustainable finance market in the Philippines.
The bonds, expected to be listed on the Philippine Dealing & Exchange Corp. (PDEx), will finance eligible green and social projects aligned with LandBank’s Sustainability Bond Framework (updated 2024), including:
- Renewable energy (solar, wind, hydro)
- Energy efficiency improvements
- Sustainable agriculture and climate-smart farming
- Clean transportation
- Affordable housing and social programs for vulnerable groups
Key Features of the Upcoming Issuance
- Amount: Up to P5 billion (with possible oversubscription option)
- Tenor: Likely 5–7 years (final terms to be confirmed)
- Use of Proceeds: 100% allocated to eligible green and social categories per the framework
- Target Investors: Institutional (banks, insurance, pension funds), retail, and ESG-focused funds
- Expected Rating: PRS Aaa or equivalent (based on previous issuances and LandBank’s strong credit profile)
LandBank President and CEO Lynne C. Bautista stated:
“This issuance reaffirms our commitment to sustainable development and supports the national agenda for climate resilience and inclusive growth. By channeling funds to green and social projects, we help build a more resilient and equitable economy.”
This will be LandBank’s third sustainability-themed issuance in recent years (following earlier green/social bonds in 2023 and 2024), reflecting growing demand from investors for ESG-aligned instruments. The bank has already disbursed billions from previous issuances to renewable energy projects, sustainable agriculture, and MSME financing.
The offering is expected to attract strong interest amid the Philippines’ push for sustainable finance and the global shift toward net-zero goals.
Here are visuals related to LandBank’s sustainability initiatives, green projects financed, and previous bond issuances:
A timely move as demand for sustainable investments continues to rise — watch for official offer terms in the coming weeks!