A bond offering by Temasek Holdings with a retail tranche of $100 million has drawn total valid applications amounting to $649.5 million.
The offering was part of the T2026-S$ Temasek Bond, which comprises up to S$350 million 1.8% guaranteed notes due 2026.
The offer opened last week and closed at noon on Nov 22.
This is the second time Temasek is selling bonds with a retail tranche. The first was in 2018.
The bond is rated “Aaa” by Moody’s and “AAA” by S&P.
see also: Temasek Holdings offers new five-year bonds; public offer tranche to open to retail investors