HDB concerns fixed-level bonds less than its Multicurrency Medium Expression Notice programme to finance advancement tasks and dealing funds demands. These bonds, that happen to be typically rated AAA by agencies like Fitch, are considered exceptionally lower threat. Current issuances involve a S£875 million, 5-year Preset Fee Green Take note by using a coupon of 1.837% for every annum issued in July 2025, plus a S$900 million preset-fee note thanks in 2031 by using a 3.forty six% annual desire charge. The minimum financial investment for these bonds is usually large, with denominations of S£250,000, generating them mainly obtainable to click here institutional and accredited traders. HDB's bonds are distinctive from Singapore Govt Securities (SGS) and Singapore Financial savings Bonds (SSBs). The coupon level is mounted for the bond's lifespan and paid out semi-yearly.