HDB's latest 12-year bond deal makes it the biggest issuer in 2018
It's the 3rd issue so far this year by HDB and the one with the longest maturity
Singapore
HDB last week sold a S$500 million 12-year bond despite poor market sentiment.
It was also the third bond issue so far this year by HDB - the nation's public housing body - and the longest maturity.
The S$500 million, 12-year bonds were issued under its S$32 billion multicurrency medium-term note programme.
They are rated Aaa by Moody's Investors Service.
In January and March, HDB had sold two issues - S$515 million 10-year and S$600 million 5-year respectively. Including last week'…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
US: Wall Street slips as dour earnings, chip stocks weigh
Europe: Adidas, LVMH steer shares higher on earnings relief
Rebound relief for Asian stocks; STI up 0.3% led by DBS, UOB
Asia: Stocks swing after latest selloff as Fed, Middle East dampen sentiment
Cordlife to raise S$8.2 million from private placement
Singapore stocks open lower on Wednesday; STI down 0.1%