The Monetary Authority of Singapore is taking to the market today, aiming to raise S$2.1bn–S$2.6bn for green infrastructure through a 20-year bond.
Singapore is ramping up its energy transition ambitions with the new issuance, which matures in 2046 and offers an initial price of 2.55%.
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This latest issuance adds to its existing green bond programme, complementing previous tranches that carried longer maturities of 30–50 years. By the end of the decade, Singapore’s public sector plans to issue approximately S$35 billion of green bonds, the Monetary Authority said.
Singapore adheres to its own Green Bond Principles, which align with the ICMA Green Bond Principles and ASEAN Green Bond Standards.
The Monetary Authority of Singapore has appointed DBS, Deutsche Bank, HSBC, and Standard Chartered as bookrunners for the transaction, according to Public Offer notice released today.