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Union Bank of The Philippines Issues Dual-Tenor Offering from Updated PHP 100 Billion Bond Program

Posted:

July 1, 2025

26 June 2025, Makati, Philippines – Union Bank of the Philippines (UBP) taps the capital market for the issuance of its Series H Bonds Due 2026 and Series I Bonds Due 2028 worth PHP 16 billion.

PDEx President, Ms. Stephanie Marie Zulueta recognized UBP’s leadership and strong presence in the Philippine bond market – “Union Bank continues to solidify its leadership in the financial sector through a strong presence in the bond market with the doubling of its Peso Bonds Program last month to P100 billion. This further strengthens its digital transformation journey and continues its commitment to serve the unbanked and underbanked through cost-efficient, tech-enabled platforms that underscore its innovation-driven growth.”

Ms. Zulueta further highlighted UBP’s contribution and vital role in market development – “Union Bank’s initiatives—and those of its peers serve as a vital foundation for inclusive growth, market development, and long-term stability.”

This tenth admission for 2025 brings the year-to-date total of new listings and enrollments to PHP 137.45 billion and the total level of tradable corporate debt instruments to PHP 1.2 trillion issued by forty companies, comprised of 159 securities.