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The Economic Times

Anupam Nagar

Global Market: Singapore's OCBC taps global debt market with £1 billion bond issue

OCBC Singapore Bonds

Oversea-Chinese Banking Corp (OCBC), Singapore’s second-largest bank, has priced £1 billion ($1.36 billion) of covered bonds due in 2029, with the proceeds to be used for general corporate purposes.

The issuance is being carried out under OCBC’s $10 billion Global Covered Bond Programme. The bank had priced €500 million of fixed-rate covered bonds due in 2029 under the same programme in May.

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Flydubai attack investigation widens as alleged hijacker’s training in New Zealand scrutinised

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