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Published on 3/12/2013 in the Prospect News Emerging Markets Daily.

New Issue: Singapore's Housing and Development sells S$925 million 0.943% notes due 2016 at par

By Christine Van Dusen

Atlanta, March 12 - Singapore's Housing and Development Board sold S$925 million three-year notes at par to yield 0.943%, a market source said.

BNP Paribas, DBS, Deutsche Bank, HSBC, Standard Chartered Bank and United Overseas Bank were the bookrunners for the deal.

Issuer:Housing and Development Board
Amount:S$925 million
Maturity:March 21, 2016
Description:Senior notes
Bookrunners:BNP Paribas, DBS, Deutsche Bank, HSBC, Standard Chartered Bank, United Overseas Bank
Coupon:0.943%
Price:Par
Yield:0.943%
Trade date:March 12
Settlement date:March 21

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