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Singapore green bonds see S$3.8 million of S$50 million retail tranche taken up

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Janice Lim

Janice Lim

Published Wed, Aug 30, 2023 · 06:39 PM
    • The unsold bonds are reallocated to the placement tranche, which is now upsized to close to S$2.8 billion, from the initial S$2.75 billion.
    • The unsold bonds are reallocated to the placement tranche, which is now upsized to close to S$2.8 billion, from the initial S$2.75 billion. PHOTO: BT FILE

    THE second public offer of Singapore’s sovereign green bonds was not popular among retail investors, with applications totalling S$3.8 million out of S$50 million on offer.

    This puts the subscription rate at about 0.08 times the amount offered to retail investors, according to a notice by the Monetary Authority of Singapore (MAS) on Wednesday (Aug 30).

    The unsold bonds are reallocated to the placement tranche, which is now upsized to close to S$2.8 billion, from the initial S$2.75 billion.

    Monetary Authority of Singapore

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