Rizal Commercial Banking Corporation (RCBC), one of the Philippines’ biggest banks, has announced that it successfully raised a record-breaking ₱20.5 billion through its Series G ASEAN Sustainability Bonds. The bonds were listed on the Philippine Dealing and Exchange Corporation on April 8, 2026, according to a disclosure filed with the Securities and Exchange Commission.
What Are These Bonds?
Think of bonds like IOUs or promesas that a company makes to people who lend them money. When you buy a bond, you’re lending money to the company, and they promise to pay you back later with extra money called “interest.” In this case, RCBC is borrowing ₱20.5 billion from investors and will pay them back in 2029 (that’s 3 years from now) with a 6.08% interest payment every year.
These are special bonds called “sustainability bonds,” which means the money raised will be used for projects that help the environment (green projects) or help communities (social projects), following RCBC’s Sustainable Finance Framework.
Why This Is a Big Deal
This bond sale broke several records for RCBC:
- Biggest peso bond ever: The ₱20.5 billion is the largest amount RCBC has ever raised through peso-denominated bonds
- Super popular: Investors wanted to buy more than 4 times the minimum amount RCBC planned to raise (which was ₱5 billion)
- Sold quickly: RCBC finished selling all the bonds in just 4 days, ending on March 17, 2026 — that’s 10 days earlier than they originally planned (March 27, 2026)
Understanding the Numbers
The bonds are part of RCBC’s bigger ₱200 Billion Bond and Commercial Paper Programme. This latest issuance marks the ninth time RCBC has sold peso bonds to investors. Since 2019, the bank has now raised a total of ₱119.5 billion through various bond offerings.
As of April 8, 2026, RCBC has 2,419,536,530 common shares outstanding.
About RCBC
RCBC is one of the largest banks in the Philippines and offers many banking services including regular banking, investment banking, loans for cars and houses, credit cards, money transfers, and stock trading. The bank is part of the Yuchengco Group of Companies, described as one of the oldest and largest business groups in Southeast Asia.
Standard Chartered Bank and RCBC Capital Corporation worked together as the main organizers of this bond offering, while RCBC and Standard Chartered Bank served as the selling agents.
Source Note:This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.
