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December 05, 2022

Metrobank announced its plans to issue 1.5-year peso bonds

The bank aims to refinance maturing issuances and diversity its funding sources.

Metropolitan and Trust Co. unveiled its plan to issue 1.5-year peso bonds worth P10 billion with an oversubscription option.

Lodged under the bank’s Peso Bond and Commercial Paper Program of up to P200 billion, the issuance was approved by the bank’s board of directors on 15 December 2021.

The said financing aims to refinance maturing issuances and diversify Metrobank’s funding sources over the next three years.

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