New Investment Opportunity Available for Retail and Institutional Buyers
On Monday, Nov 15, Temasek Holdings, via its subsidiary Temasek Financial (IV), announced the launch of its T2026-S$ Temasek Bond. This five-year bond offers a fixed interest rate of 1.8% per annum, maturing in 2026.
The offering includes up to S$350 million in bonds, divided into a S$250 million placement tranche for institutional and accredited investors and a public offering of up to S$100 million for retail investors in Singapore. Depending on demand, the total offer may increase to S$500 million.
Applications for the public offer require a minimum investment of S$1,000, while the placement tranche has a minimum subscription of S$250,000. Public applications are facilitated via ATMs, internet banking, or mobile apps from participating banks like DBS, POSB, UOB, and OCBC.
Temasek highlighted that funds from the Central Provident Fund (CPF) and Supplementary Retirement Scheme (SRS) cannot be utilised for these investments. The public subscription period begins at 9 AM on Nov 16 and closes at noon on Nov 22.
The bonds, issued under Temasek Financial (IV)’s S$5 billion guaranteed medium-term note programme, will be listed on the Singapore Exchange and are guaranteed by Temasek Holdings. Both Moody’s and S&P have rated these bonds “Aaa” and “AAA,” respectively, reflecting Temasek’s strong financial stability and diverse investment portfolio.
This is Temasek’s second retail bond offering, following its successful T2023-S$ bond launched in 2018 with a 2.7% interest rate.
