THE Housing and Development Board has issued S$800 million worth of 10-year notes carrying a fixed coupon rate of 1.265 per cent per annum.
They are rated Aaa by Moody’s Investors Service and will mature on June 24, 2030, Singapore’s public housing authority said in a statement on Wednesday evening.They were launched under HDB’s S$32 billion multicurrency medium-term note programme, under which HDB may from time to time issue bonds to finance its development programmes and working-capital requirements as well as to refinance existing borrowings.
The Singapore Exchange has given approval in-principle for the listing of the new notes on the bourse.BT is now on Telegram!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: