Temasek Holdings 'exploring sale of bonds to retail investors in Singapore'

Temasek Holdings is exploring the possibility of selling bonds to Singapore retail investors, the investment firm said on Tuesday. -- ST FILE PHOTO: TAN SUAN ANN
Temasek Holdings is exploring the possibility of selling bonds to Singapore retail investors, the investment firm said on Tuesday. -- ST FILE PHOTO: TAN SUAN ANN

Temasek Holdings is exploring the possibility of selling bonds to Singapore retail investors, the investment firm said on Tuesday.

In a statement on its website, Temasek's managing director of corporate affairs Stephen Forshaw said the company is "exploring how to make it practical and efficient" to offer these bonds to the public.

"This will provide an alternative investment opportunity for those seeking stable returns with lower risks," he said.

Temasek started selling bonds to institutional investors in 2005. The proceeds are used to fund the ordinary course of business of Temasek and its investment holding companies.

To date, there are 13 outstanding Temasek Bonds worth about $12 billion in all, according to Temasek's website. The bonds are denominated in Singapore dollars, US dollars and British pounds.

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