HDB issues $900m notes at 3.092% due 2031

The notes are issued under HDB’s $32b MTN Programme.

The Housing & Development Board (HDB) has issued $900m fixed rate notes due 2031.

The notes are issued under HDB’s $32b Multicurrency Medium Term Note (MTN) Programme.

The seven-year bond will have an annual interest rate of 3.092%, payable semi-annually in arrears.

In addition, the notes will be issued in denominations of $250,000.

DBS, HSBC, OCBC, and UOB are the joint lead manager and bookrunners for this issuance.

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Housing and Development Board

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