30 April 2024 — Philippine National Bank has partnered with the National Home Mortgage Finance Corporation (NHMFC) during the NHMFC Bonds 2023 Ceremonial Signing and Closing Ceremony held at the Makati Diamond Residences, Makati. The engagement aims to help foster growth in the housing sector and provide decent and affordable shelters for every Filipino family.

The NHMFC Bonds 2023 worth Php533 million is the sixth securitization bond issuance of NHMFC. The issuance was offered in two classes: Class A Senior Notes amounting to P290 Million or 54% of the issuance offered to institutional investors, and Class B Subordinated Notes amounting to P243 Million or 46% of the issuance retained by NHMFC.

PNB Trust Banking Group (TBG) acted as the Trustee, Registry and Paying Agent of the issuance.

This is the fourth engagement that NHMFC has undertaken, in recent years, with PNB TBG consistently supporting NHMFC’s various endeavors in providing accessible financing options for homeowners, invigorating the housing market, and contributing to the nation’s economic advancement.