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Issue 101: Singapore keeps cheap green borrowing streak alive; Indonesia’s mixed signals on coal

Kenneth Lim
Published Fri, May 24, 2024 · 07:00 PM
    • The 3.3 per cent yield of Singapore’s new 30-year green bonds is six basis points cheaper than the current benchmark.
    • The 3.3 per cent yield of Singapore’s new 30-year green bonds is six basis points cheaper than the current benchmark. ILLUSTRATION: KENNETH LIM

    In this issue: Singapore’s new 30-year green bond yields less than price talk, while Indonesia can’t let go of captive coal plants just yet.

    Singapore

    Hitting another green bond out of the park

    Singapore continues to draw strong demand for its long-dated green bonds, demonstrating how far a country’s creditworthiness can go to lower the costs of funding its green transition.

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