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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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.
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