MAS assigns a price of $2.8b for 50-year green SGS bond

The green bond’s yield of reopened issue of 3.04% per annum.

Singapore’s central bank announced that it reopened its Aug-72 bond, which is also known as the 50-year green Singapore Government Securities (SGS) Bond.

In a statement, the amount offered for the bond is at $2.8b with a price of reopened issue at $99.260 per $100 of principal amount of the Bonds.

The yield of the reopened issue at 3.04% per annum and a coupon rate of 3.000% p.a. Its maturity date is on 1 August 2072.

The Aug-72 is included in the pipeline of up to $35b of sovereign and public sector green bonds that the Singapore government and its statutory boards will issue by 2030.

“The reopening of the Aug-72 will be issued under the Singapore Green Bond Framework, which details the Government’s intended use of green bond proceeds, the governance structure to select eligible projects, the operational approach to manage green bond proceeds, and the commitment to annual allocation and impact reporting,” read the Monetary Authority of Singapore (MAS) statement.

The proceeds from the Aug-72 will be used to finance expenditures in support of the Singapore Green Plan 2030, including the Jurong Region Line and Cross Island Line.

Follow the link s for more news on

MAS

green bonds

Monetary Authority of Singapore

Sustainability

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia