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HSBC debuts SGD bond market with bumper S$1b deal

The issue, which has a non-call 5 feature, is expected to do well given the fall in interest rates

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HSBC Holdings on Thursday made its debut in the local bond market with a bumper S$1 billion perpetual issue.

Singapore

HSBC Holdings on Thursday made its debut in the local bond market with a bumper S$1 billion perpetual issue.

At S$1 billion, it is the largest SGD bond transaction from a corporate or financial institution since 2012.

Demand was hot as order books peaked at above S...

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