This letter considers a two-way relaying network where two nodes exchange their information based on the principle of physical layer network coding (PNC). We study the amplify-and-forward (AF) relay filter design with multiple-input multiple-output (MIMO) system. In order to maximize the sum-rate for information exchange, we propose a relay filter for two-way relaying network. Simulation results show that the proposed scheme performs better than the conventional schemes for two-way relay channel.