Singapore seeks to raise $1.9 billion in inaugural infrastructure bond sale

23-Sep-2021 Intellasia | Nasdaq | 5:02 AM Print This Post

Singapore is seeking to raise S$2.6 billion ($1.9 billion) from its inaugural sale of 30-year bonds to fund infrastructure projects, according to a notice on the central bank’s website on Tuesday.

The bond issuance is part of the government’s plans to finance major long-term infrastructure over the next 15 years by borrowing up to S$90 billion.

($1 = 1.3509 Singapore dollars)

https://www.nasdaq.com/articles/singapore-seeks-to-raise-%241.9 billion-in-inaugural-infrastructure-bond-sale-2021-09-21

 

Category: Singapore

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