DBP eyes peso bond sale in ‘26

State-run Development Bank of the Philippines (DBP) is looking at issuing peso-denominated bonds next year as part of its fundraising efforts to recoup the P25-billion capital it injected into Maharlika Investment Corp. (MIC).

- DERCO ROSAL

On the sidelines of the DBP’s event, DBP Executive Vice President Carel D. Halog confirmed that the government-run lender is targeting to sell bonds next year.

“We're looking at [issuing bonds] next year. If ever we'll doa bond sale, we’ll do it probably in the first or second half of next year,” Halog told reporters last week.

Halog also said the DBP is eyeing the issuance of its securities in pesos, but this plan remains under review.

“We’re thinking more of a peso issue. We have a number in mind, but we don’t want to disclose it yet until we’ve firmed it up,” Halog said.