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BDO launches P5B sustainability bonds

SY family-led BDO Unibank Inc. announced Monday the launch of its third peso-denominated fixed-rate sustainability bond offering with a minimum aggregate issue size of P5 billion.

The 1.5-year bonds carry a coupon rate of 6.325 percent per annum, with a minimum investment amount of P500,000 with increments of P100,000 thereafter.