HDB problems fastened-amount bonds underneath its Multicurrency Medium Phrase Be aware programme to finance improvement projects and dealing funds demands. These bonds, that happen to be typically rated AAA by companies like Fitch, are considered exceptionally very low chance. Current issuances include a S£875 million, 5-year Preset Fee Eco-friendly Note that has a coupon of 1.837% for every annum issued in July 2025, and also a S$900 million preset-amount Be aware thanks more info in 2031 by using a 3.forty six% yearly interest amount. The minimal expense for these bonds is often large, with denominations of S$250,000, building them mostly obtainable to institutional and accredited traders. HDB's bonds are distinct from Singapore Govt Securities (SGS) and Singapore Cost savings Bonds (SSBs). The coupon rate is fastened for your bond's lifespan and compensated semi-each year.