Housing and Development Board S$900 million 2.2325% MTN issue

Overview:

• The Housing and Development Board (HDB) has issued S$900 million in noted  under its S$32 billion multicurrency MTN programme.
• The 2.2325% notes, due February 2022, are listed on the Singapore Exchange.
• Bank of China, DBS Bank, Oversea-Chinese Banking Corporation, Standard Chartered and United Overseas Bank acted as joint lead managers.
• HDB houses over 80% of Singapore's resident population.

Wai Yee Tsang - Journalist