HDB Issues Rated Fixed Rate Notes

HDB Issues Rated Fixed Rate Notes
HDB Issues Rated Fixed Rate Notes
Published Date: 10 Aug 2016

The Housing & Development Board ("HDB") has issued S$700 million, 7-year Fixed Rate Notes (the “Notes”) under its S$32 billion Multicurrency Medium Term Note ("MTN") Programme.

2 The Notes have a coupon of 1.910% per annum payable semi-annually in arrear. The Notes were issued on 10 August 2016 and will mature on 10 August 2023. The Notes are rated Aaa by Moody’s Investors Service.

3 The Notes are in denominations of S$250,000 and were offered by way of placement to investors who fall within Sections 274 and/or 275 of the Securities and Futures Act, Chapter 289 of Singapore. Approval in principle for the listing of the Notes on the Singapore Exchange Securities Trading Limited (SGX-ST) has been obtained. Admission of the Notes to the Official List of the SGX-ST is not to be taken as an indication of the merits of HDB, its subsidiaries or the Notes. The Notes are cleared through The Central Depository (Pte) Limited.

4 The Joint Lead Managers are DBS Bank Ltd., Maybank Kim Eng Securities Pte. Ltd., Oversea-Chinese Banking Corporation Limited, United Overseas Bank Limited and The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch.

5 Under HDB's MTN programme, HDB may from time to time, issue bonds (or notes) to finance its development programmes and working capital requirements as well as to refinance the existing borrowings.

6 HDB was set up as a statutory board on 1 February 1960. HDB houses over 80% of Singapore's resident population, with more than 9 in 10 HDB dwellers owning the flats they live in. This has made Singapore one of the highest home ownership nations in the world. Providing affordable and quality housing, creating vibrant and sustainable towns, and promoting active and cohesive communities, will remain the focus for HDB.

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR TO U.S. PERSONS

This announcement is not an offer for sale of securities in the United States. The Notes have not been and will not be registered under the U.S. Securities Act of 1933 (as amended), and may not be offered or sold in the United States or to U.S. persons absent registration under, or an applicable exemption from, the registration requirements of the U.S. securities laws. No public offering of securities is being made in the United States or in any other jurisdiction where such an offering is restricted or prohibited. A rating is not a recommendation to buy, sell or hold any securities and may be subject to suspension, reduction or withdrawal at any time by the rating agencies.



- wong chee tat :)

Bonds - Apr 2016

Bonds - Apr 2016

Announcement  Date	Auction  Date	Issuance  Date	Tenor	New /  Re-Opening	Issue Code /  ISIN Code	Maturity  Date
Wed, 20 Jan 2016	Wed, 27 Jan 2016	Mon,  01 Feb  2016	5-yr	Reopen	NX11100X/ SG7Y76964295	01 Jun  2021
Thu, 18 Feb 2016	Thu, 25 Feb 2016	Tue,  01 Mar  2016	30-yr	New Issue	NA16100H/ SG31A7000004	01 Mar 2046
Mon, 21 Mar 2016	Tue, 29 Mar 2016	Fri, 01 Apr 2016	2-yr	Reopen	N513100T/ SG3259987679	01 Apr 2018
Wed, 20 Apr 2016	Wed, 27 Apr 2016	Tue, 03 May 2016	7-yr	Reopen**	NX13100H/ SG3260987684	01 Jul 2023

- wong chee tat :)

HDB Issues Rated Fixed Rate Notes

HDB Issues Rated Fixed Rate Notes

Published Date: 29 Jan 2016

1 The Housing & Development Board ("HDB") has issued S$1 billion, 7-year Fixed Rate Notes (the “Notes”) under its S$32 billion Multicurrency Medium Term Note ("MTN") Programme.

2 The Notes have a coupon of 2.5% per annum payable semi-annually in arrear. The Notes were issued on 29 January 2016 and will mature on 29 January 2023. The Notes are rated Aaa by Moody’s Investors Service.

3 The Notes are in denominations of S$250,000 and were offered by way of placement to investors who fall within Sections 274 and/or 275 of the Securities and Futures Act, Chapter 289 of Singapore. Approval in principle for the listing of the Notes on the Singapore Exchange Securities Trading Limited (“SGX-ST”) has been obtained. Admission of the Notes to the Official List of the SGX-ST is not to be taken as an indication of the merits of HDB, its subsidiaries or the Notes. The Notes are cleared through The Central Depository (Pte) Limited.

4 The Joint Lead Managers are Australia and New Zealand Banking Group Limited, DBS Bank Ltd., Deutsche Bank AG, Singapore Branch and Industrial and Commercial Bank of China Limited, Singapore Branch.

5 Under HDB's MTN programme, HDB may from time to time, issue bonds (or notes) to finance its development programmes and working capital requirements as well as to refinance the existing borrowings.

6 HDB was set up as a statutory board on 1 February 1960. HDB houses over 80% of Singapore's resident population, with more than 9 in 10 HDB dwellers owning the flats they live in. This has made Singapore one of the highest home ownership nations in the world. Providing affordable and quality housing, creating vibrant and sustainable towns, and promoting active and cohesive communities, will remain the focus for HDB.

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR TO U.S. PERSONS

This announcement is not an offer for sale of securities in the United States. The Notes have not been and will not be registered under the U.S. Securities Act of 1933 (as amended), and may not be offered or sold in the United States or to U.S. persons absent registration under, or an applicable exemption from, the registration requirements of the U.S. securities laws. No public offering of securities is being made in the United States or in any other jurisdiction where such an offering is restricted or prohibited. A rating is not a recommendation to buy, sell or hold any securities and may be subject to suspension, reduction or withdrawal at any time by the rating agencies.




- wong chee tat :)