HDB concerns fixed-rate bonds less than its Multicurrency Medium Expression Notice programme to finance advancement tasks and dealing funds necessities. These bonds, which might be normally rated AAA by companies like Fitch, are regarded as 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% per annum issued in July 2025, and also a S$900 million fixed-amount Be aware thanks in 2031 by using a 3.forty six% yearly more info interest fee. The minimal investment for these bonds is often substantial, 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.