BPI sets rate for P5-B SIGLA bonds, opens public offer

MANILA, Philippines – The Bank of the Philippine Islands (BPI) has priced its peso-denominated BPI Supporting Individuals Grow, Lead, and Achieve (SIGLA) Bonds at 5.405 percent a year, as it opened the public offer for the fixed-rate notes on Monday. In a statement, BPI said the initial offering amounts to P5 billion, with an option