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| Dates | December 2–11, 1986 | |||||||||
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| Television | Vintage Sports (PTV) | |||||||||
| Radio network | DZSR | |||||||||
The 1986 PBA Open Conference finals was the best-of-7 series basketball championship of the 1986 PBA Open Conference, and the conclusion of the conference playoffs. Ginebra San Miguel and Manila Beer Brewmasters played for the 35th championship contested by the league.
Ginebra San Miguel won their first championship since joining the league in 1979 with a 4–1 series victory over Manila Beer Brewmasters.