The notes are payable semi-annually in arrears.
The Housing and Development Board (HDB) issued $500m worth of 10-year fixed-rate notes, due on 9 October 2034, at a rate of 2.699%.
The notes are payable semi-annually in arrears.
HDB said the notes are under its $32b Multicurrency Medium Term Note (MTN) Programme.
HDB issued the notes in denominations of $250,000 by way of placement to institutional investors.
Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.
The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.
If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.
Read Here
Advertise
Sign Up
