BPI offers 2-year debt securities at 5.405%

MANILA, Philippines – Bank of the Philippine Islands (BPI) has priced its peso-denominated Supporting Individuals Grow, Lead and Achieve or “Sigla” Bonds to yield 5.405 percent a year, as it kicked off the public offer for the fixed-rate notes on Monday. In a statement, BPI said the initial offering amounted to P5 billion, with an