The fixed-rate, senior unsecured bonds are offered in denominations of $250,000 and have a settlement date of Oct 26 and will mature five years later on Oct 26, 2027.
The Housing and Development Board (HDB) will be issuing $800 million worth of five-year green senior bonds.
The bonds, which have a coupon rate of 4.09% per annum (p.a.), will come with an upsize option that’s said to be capped at $1.2 billion, according to Bloomberg.
