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BPI ends bond offer amid strong demand

BANK of the Philippine Islands (BPI) has decided to end the offer period for its 1.5-year peso fixed-rate bonds today, October 25, amid strong demand from institutional, high-net-worth, and retail clients.

In a filing with the stock exchange, BPI said the bond offer, with an aggregate principal amount of P5 billion and an option to upsize, would conclude nine days earlier than the original end date of November 3.