Temasek launches S$1.5b 50-year Singdollar bonds
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
TEMASEK launched on Tuesday an offering of 50-year Singapore dollar bonds, following a recent round of US dollar bonds for 10, 20 and 40-year periods that were oversubscribed within a day.
The S$1.5 billion T2071-SGD Temasek Bond - as it is known - was priced at par, with a yield to maturity of 2.8 per cent per annum. This marks the first time Temasek is issuing a 50-year bond. "There was strong support for the bonds from high-quality institutional, accredited and/or other specified investors based in Singapore," it said in a statement.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
