The bonds, which will be guaranteed by Temasek Holdings, will be issued under Temasek Financial (I)’s US$25 billion ($31.89 billion) guaranteed global medium term note programme. Investors in these bonds will be paid on a semi-annual basis.
Temasek Financial (I) Limited, on July 23, announced that it has priced RMB5.5 billion ($979.8 million) worth of offshore CNY Temasek bonds.
The multi-tranche bonds comprise RMB1.5 billion in five-year bonds at a coupon rate of 1.85%, RMB2 billion 10-year bonds with a coupon rate of 2.05% and RMB2 billion 30-year bonds at a coupon rate of 2.55%. The bonds are due in 2030, 2035 and 2055 respectively.

