MANILA — The Land Bank of the Philippines (LANDBANK) is targeting to raise a minimum of ₱30 billion through a sustainability bond issuance to fund projects that promote environmental sustainability and strengthen community development nationwide .

The bonds, officially called Agriculture, Sustainability, Environment and Socioeconomic Development (ASENSO) Bonds, form part of LANDBANK’s sustainable finance strategy to mobilize funding for priority development sectors.

The Philippine peso-denominated, fixed-rate ASEAN Sustainability Bonds will be offered with tenors of 1.5 years and three years, providing investors with fixed-income returns while supporting projects with environmental and social benefits .

The ASENSO Bonds offering was first announced to qualified institutional buyers on January 12, 2026, and will be available to the public from January 28 to February 6, 2026. Public subscription will be done through the LANDBANK Mobile Banking App, with a minimum investment of ₱10,000 and increments of ₱10,000. The bonds are expected to be listed on the Philippine Dealing & Exchange Corp. on February 16, 2026 .

Interest on the bonds will be paid quarterly starting from the issue date and will be subject to final withholding tax. China Bank Capital Corporation is the sole issue manager, with LANDBANK and Chinabank Capital acting as selling agents .

Proceeds from the issuance will be allocated exclusively to eligible green projects such as renewable energy, energy efficiency, green buildings, clean transport, sustainable water management, and pollution prevention, as well as social projects including food security, affordable housing, health, education, access to essential services, employment generation, and broader socioeconomic development .

“The ASENSO Bonds offer investors a unique opportunity to earn competitive, fixed returns while contributing to meaningful projects that benefit communities and the environment,” LANDBANK President and CEO Lynette V. Ortiz said. “With rising demand for sustainable investments, there is no better time to invest in initiatives that generate positive social and environmental impact while supporting long-term national growth” .

LANDBANK said the issuance is aligned with its Sustainable Finance Framework and supports the Philippine Development Plan, the Philippine Sustainable Finance Roadmap, and the United Nations Sustainable Development Goals. The Securities and Exchange Commission has confirmed that the issuance complies with ASEAN Sustainability Bond Standards and related SEC guidelines .

The state-owned bank said it continues to expand its portfolio of sustainability-labeled financial instruments, noting that its maiden sustainability bond issuance in 2020 raised ₱5 billion and attracted total bids of ₱16.6 billion .