Security Bank launches peso bonds to strengthen funding base
Security Bank Corporation (SECB) has launched a new fixed-rate peso bond offering with a minimum issue size of PHP5 billion, with an oversubscription option.
The peso bonds have a 5-year tenor and carry a fixed annual interest rate of 6.0000%. The public offer period runs from September 22 to October 17, 2025. Minimum investment is set at PHP500,000, with increments of PHP100,000.
Listing on the Philippine Dealing and Exchange Corp. is scheduled for October 29, 2025, giving investors secondary market liquidity. Proceeds from the issuance will support Security Bank’s lending activities and funding expansion under its PHP200 billion Peso Bond and Commercial Papers Program.
Jim Yap, Security Bank EVP and Financial Markets Segment Head, said, “We’re excited about this peso bond offering as it further strengthens Security Bank’s funding base and supports our growth and lending activities. At the same time, it gives investors a high-quality peso investment with stable, predictable returns.”
Philippine Commercial Capital, Inc. and Security Bank Capital Investment Corporation serve as Joint Bookrunners, Joint Lead Arrangers, and Selling Agents.
Security Bank, founded in 1951, has total assets of PHP1.15 trillion as of June 30, 2025. It operates 361 branches and 637 ATMs nationwide. The bank has received multiple awards for investor relations, corporate governance, SME banking, and financial products from international institutions such as Euromoney, Corporate Governance Asia, FinanceAsia, and Asian Banking & Finance.
