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HDB's up-sized issue of S$1.2b five-year bonds snapped up

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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.

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

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