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HDB's up-sized issue of S$1.2b five-year bonds snapped up
Add BT as a preferred sourcePublished Wed, Oct 28, 2015 · 09:50 PM
Singapore
THE Housing & Development Board sold a jumbo S$1.2 billion in 5-year bonds on Tuesday, upsized 50 per cent from an initial S$800 million issue due to strong demand.
It was HDB's first issue following receiving an AAA rating from credit rating agency Moody's - its highest rating - two weeks ago.
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