The Business Times
business-time-50

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

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

    TRENDING NOW

    Related issues that LTA is also seeking feedback on are over COE renewals and Category E.

    LTA proposes combining car COE categories, adding rebate-surcharge system

    StarHub says the acquisition will allow greater scale to be directed towards sustained network investment, service innovation and customer experience. 

    StarHub to acquire MyRepublic’s mobile business amid ongoing telco consolidation

    All three local banks ended lower, with OCBC declining 4.3% or S$1.30 to S$29.

    DBS, OCBC, UOB rout lops billions off STI as inflation, rate concerns spook investors

    From shy teenager to outspoken philanthropist, Chloe Tong has come a long way.

    Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More