Why Temasek bond got strong retail response

Experts point to rarity value of AAA-rated Singdollar bond issuance by high-quality issuer

The T2023-S$ Temasek Bond offers a fixed annual coupon of 2.7 per cent payable twice a year, with the principal to be repaid in 2023. It has been trading on the mainboard of the Singapore Exchange since Oct 26. As it was trading at $1.017 apiece on T
The T2023-S$ Temasek Bond offers a fixed annual coupon of 2.7 per cent payable twice a year, with the principal to be repaid in 2023. It has been trading on the mainboard of the Singapore Exchange since Oct 26. As it was trading at $1.017 apiece on Thursday, this translates to a yield of 2.47 per cent. PHOTO: BLOOMBERG
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A version of this article appeared in the print edition of The Sunday Times on November 04, 2018, with the headline Why Temasek bond got strong retail response. Subscribe