Singapore mandates five banks for $1.63 billion 20-year billion green bond

Oversea-Chinese Banking

21/07/2026 02:12

SINGAPORE, July 21 (Reuters) - The Monetary Authority of Singapore has appointed DBS DBSM.SI, Deutsche Bank DBKGn.DE, HSBC HSBA.L, OCBC OCBC.SI and Standard Chartered STAN.L to arrange a planned 20-year green infrastructure bond, according to a mandate sheet reviewed by Reuters on Tuesday.

Here are a few details: 
The Singapore-dollar-denominated bond, due in August 2046, will have a minimum size of S$2.1 billion ($1.63 billion) and could be launched as early as this week, subject to market conditions.
Proceeds from the offering will be allocated under Singapore's green bond framework, which finances eligible environmentally sustainable projects and requires annual reporting on their impact.
Singapore holds top-tier sovereign credit ratings of "Aaa" from Moody's and "AAA: from S&P Global Ratings and Fitch Ratings, according to the mandate sheet.    


($1 = 1.2908 Singapore dollars)

 (Reporting by Yantoultra Ngui; Editing by Sherry Jacob-Phillips)
 ((Yantoultra.Ngui@thomsonreuters.com;))