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UOB launches US$8b global covered bond programme

Published Mon, Nov 23, 2015 · 09:50 PM

Singapore

UNITED Overseas Bank (UOB) on Monday launched its US$8 billion covered bond programme, as it broadens access to global funding markets.

It follows DBS, which was the first Singapore bank to sell covered bonds this year.

The covered bonds issued under the programme will be backed by a portfolio of mortgage loans linked to properties in Singapore. They are expected to be rated AAA by S…

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Companies & Markets

Companies & Markets

UOB launches US$8b global covered bond programme

KEYWORDS IN THIS ARTICLE

Companies & Markets

Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution

Nissan, Mazda roll out new models for China as they aim for comeback

South Korea readies new system to detect illegal short-selling

Axiata, Sinar Mas move closer to US$3.5 billion telco merger

Cordlife’s independent auditor to retire after issuing disclaimer of opinion on FY2023 financials

Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO

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