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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

Temasek to sell $704 mln of bonds to fund business

Posted on 08 February 2010

From Bloomberg: Temasek Holdings Pte., Singapore’s state-owned investment company, plans to sell S$1 billion ($704 million) of 10-year bonds to fund operations.

Temasek unit Temasek Financial Ltd. will sell the bonds, which will be issued under the Singapore state-owned investment company’s $10 billion global medium-term note program, Temasek said in an e-mailed statement today. The program limit was doubled on Feb. 3 “to cater for the possibility of future issues,” according to the statement…………………………………Full Article: Source

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