The Development Bank of the Philippines (DBP), founded in 1958 and headquartered in Makati City, serves as a government-owned financial institution aimed at promoting the country's socio-economic growth. DBP offers a range of products and services, including loans for infrastructure projects, agricultural financing, and support for micro, small, and medium enterprises (MSMEs).
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| DEVPHI 2.38% 2031-03-11 USDDevelopment Bank Of Philippines | Philippines | 2031-03-11 | 2.375 | 4.10 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
With a strong history of bond issuances that began in the early 2000s, DBP has become a reliable choice for retail investors seeking fixed-income options. Notably, in 2021, the bank issued a PHP 10 billion bond, aiming to support the government's recovery program post-pandemic, which attracted significant investor interest due to its favorable yield of around 4.25%, competitive within the industry. Furthermore, DBP's bonds often come with features such as early redemption options, enhancing their attractiveness to investors looking for liquidity.