BOC Singapore sells 3b yuan 'Lion City' bonds
Issuance three times subscribed on strong investor support
Add BT as a preferred sourceBANK of China's (BOC) Singapore branch has sold three billion yuan (S$620 million) bonds, the largest yuan bond deal here as the Republic burnishes its offshore renminbi centre status.
The "Lion City" bonds - comprising two billion yuan two-year bonds and one billion yuan five-year bonds - will be listed on Singapore Exchange, BOC said yesterday.
The issuance was priced at 3.30 per cent for the two-year bonds and 4 per cent for the five-year bonds.
TRENDING NOW
Singapore’s new data centres must use renewables. Can they overcome the hurdles?
Vietnam pitches its real economy, not a Singapore replica, in two-city IFC push
Ng family’s Far East group sells Watten Estate property for S$84.2 million to Aurum Land
Anthropic CEO urges slower AI development as Altman, Musk rally behind call
