Big banks led the roster of listed companies that tapped the onshore bond market to raise as much as P112.5 billion to sustain investments and fund climate action-related projects. Antonino Nakpil, president and CEO at Philippine Dealing and Exchange Corp. (PDEx), said BDO Unibank Inc. led by bankero Nestor Tan raised a record P52.7 billion followed by Rizal Commercial Banking Corp. (RCBC) headed by bankero Eugene Acevedo with P14.76 billion via the issuance of green, social, and sustainability bonds. Both ASEAN sustainability bonds are due in 2024. The fund raising activity of BDO owned by the family of the late retail and banking magnate Henry Sy was 10 times oversubscribed from the original offer of P5 billion.