HDB concerns preset-level bonds underneath its Multicurrency Medium Expression Be aware programme to finance improvement projects and dealing funds demands. These bonds, which can be usually rated AAA by agencies like Fitch, are thought of particularly minimal danger. The latest issuances include things like a S£875 million, 5-calendar year Fastened Charge Green Observe using a coupon of 1.837% for every annum issued in July 2025, as well as a S$900 million fastened-charge note owing in 2031 using a three.forty six% annual fascination charge. The minimum financial investment for these bonds is usually higher, with denominations of S£250,000, generating them mainly obtainable to institutional and accredited investors. HDB's bonds are distinctive from Singapore Federal government Securities (SGS) and Singapore hdb bonds 110 17 Financial savings Bonds (SSBs). The coupon level is mounted for the bond's lifespan and paid out semi-yearly.