The Land Bank of the Philippines (LANDBANK) has rolled out a ₱5 billion sustainability bond offering also known as ₱5B ASENSO bonds under the Agriculture, Sustainability, Environment and Socioeconomic Development (ASENSO) banner — blending investor returns with impactful financing for green and social initiatives nationwide.
What are ASENSO Bonds and how do they work
LANDBANK’s ASENSO Bonds are peso‑denominated, fixed‑rate ASEAN Sustainability Bonds designed to support priority sectors such as renewable energy, sustainable water systems, clean transportation, affordable housing, and food security.
Available in 1.5‑year and 3‑year tenors, these bonds provide a stable income stream for investors with quarterly interest payments and a minimum investment threshold of ₱10,000. Interested buyers can subscribe through the LANDBANK Mobile Banking App from January 28 to February 6.
Following the offer period, the bonds are expected to be listed on the Philippine Dealing & Exchange Corp. on February 16.
This offering highlights LANDBANK’s commitment to expanding sustainable finance instruments that balance investor demand with measurable environmental and socioeconomic benefits.
Driving impact beyond returns
Proceeds from the ASENSO Bonds are earmarked exclusively for eligible green and social projects.
On the environmental side, funds will channel into initiatives that advance renewable energy development, energy efficiency, pollution prevention, and sustainable infrastructure.
Complementing this, the social component includes affordable housing programs, access to quality healthcare and education, food security initiatives, and job creation schemes — all aimed at uplifting underserved communities and boosting inclusive growth across the Philippines.
By tying capital markets to developmental outcomes, ASENSO Bonds serve as a bridge between private capital and national sustainability goals, supporting both investor interests and broader societal progress.
Strategic outlook for LANDBANK
LANDBANK President and CEO Lynette V. Ortiz
LANDBANK President and CEO Lynette V. Ortiz emphasized the dual opportunity these bonds present: competitive fixed returns for investors alongside tangible contributions to community and environmental resilience.
This latest issuance builds on LANDBANK’s established track record in sustainable financing, with the bank having disbursed significant amounts in sustainable finance loans and previously raised funds through similar instruments.
With the steady growth of sustainability‑focused investment vehicles in the Philippines, LANDBANK’s ASENSO Bonds are well positioned to attract interest from both institutional and retail investors who seek to align portfolios with environmental, social, and governance (ESG) principles.
Looking ahead: Investing in sustainability and growth
The rollout of ASENSO Bonds underscores a broader shift in the Philippine financial landscape where capital markets increasingly support sustainable and inclusive development — pairing investor returns with positive societal impact.
