17.07.2012 - Temasek sells $1.7 bln in two-part bond deal
Temasek Holdings Pte. Ltd. sold $1.7 billion worth of bonds Monday in a two-part deal, according to a person familiar with the offering. The Singapore state-owned bank priced $1.2 billion of 2.375% coupon, 10.5-year bonds at 2.466%, or 1.0 percentage point more than Treasurys, and $500 million of 3.375% coupon, 30-year bonds at 3.502%, a spread of 0.95 percentage point. The offered yield on each fell from earlier pricing guidance, indicating strong demand..............................................Full Article: Source
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