OCBC issues 1.59% fixed rate notes worth $241.5m

They are due September 2020.

OCBC issued $241.5m worth of 1.59% fixed rate notes due September 2020.

According to KGI, the notes were given an Aa1 rating and a stable outlook by Moody's Investors Service.

The notes were released through OCBC's US$10b Global Medium Term Note Program.

The notes were listed on the SGX effective 9 am today.

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