SUBSCRIBERS

UOB sells covered bonds in dual currencies, an Asian first

Demand is firm for the two tranches, one in USD and the other, in euros; some investors buy both

Published Thu, Feb 23, 2017 · 09:50 PM

Singapore

UNITED Overseas Bank has sold its second covered bonds comprising two tranches - a US$500-million 2.125 per cent and a 500-million euro 0.125 per cent. This was Asia's first dual-currency covered bonds issue.

The bonds were issued under UOB's US$8 billion covered bonds programme, backed by a por…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Banking & Finance

Citi picks Amit Dhawan to head Singapore commercial bank operations
China finance ministry echoes Xi’s call for bond trading at PBOC
Thai PM asks banks to lower interest rates to help economy
Bank of Japan to hold rates with focus on hawkish signals to buoy yen
From airport lounge access to dining deals: How banks can attract customers with travel perks
Japan to work with counterparts on excessive FX moves, says finance minister

Purchase this article

Companies & Markets

UOB sells covered bonds in dual currencies, an Asian first

Banking & Finance

Citi picks Amit Dhawan to head Singapore commercial bank operations

China finance ministry echoes Xi’s call for bond trading at PBOC

Thai PM asks banks to lower interest rates to help economy

Bank of Japan to hold rates with focus on hawkish signals to buoy yen

From airport lounge access to dining deals: How banks can attract customers with travel perks

Japan to work with counterparts on excessive FX moves, says finance minister

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT