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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation

Temasek to sell S$1 bln of AAA bonds at 3.265 pct

Posted on 09 February 2010

From Reuters: Singapore state investor Temasek priced its S$1 billion ($703.7 million) 10-year bond at 40 basis points above the Singapore dollar swap offered rate, confirming an earlier Reuters report.

The price, which translates to 3.265 percent per year, was at the tighter end of the initial guidance of 40-45 basis points over swap, indicating strong investor demand for AAA-rated issues, banking sources told Reuters earlier on Monday…………………………………Full Article: Source

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