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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation

Temasek to sell S$2.14bln in bonds at lower yield

Posted on 18 July 2012

Temasek Holdings will sell a total of US$1.7 billion (S$2.14 billion) in bonds at yields slightly below its initial guidance as orders swelled to US$7.6 billion, underscoring investor confidence in the Singapore investment giant.
Temasek will sell US$1.2 billion in 10.5-year bonds priced at a yield to maturity of 2.466 per cent, which is a spread of 100 basis points over 10-year benchmark United States Treasuries, it said………………………………………..Full Article: Source


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