HDB concerns set-rate bonds below its Multicurrency Medium Term Take note programme to finance enhancement initiatives and dealing money needs. These bonds, which can be usually rated AAA by organizations like Fitch, are thought of particularly lower threat. Recent issuances involve a S£875 million, 5-year Preset Amount Eco-friendly Note which has a coupon of one.837% per annum issued more info in July 2025, in addition to a S£900 million set-level Observe because of in 2031 with a three.46% once-a-year curiosity price. The minimum amount financial commitment for these bonds is usually high, with denominations of S£250,000, producing them primarily obtainable to institutional and accredited investors. HDB's bonds are distinctive from Singapore Federal government Securities (SGS) and Singapore Financial savings Bonds (SSBs). The coupon level is mounted for the bond's lifespan and compensated semi-each year.