HDB problems fastened-amount bonds beneath its Multicurrency Medium Phrase Note programme to finance development jobs and dealing money specifications. These bonds, which can be generally rated AAA by organizations like Fitch, are viewed as really reduced risk. New issuances incorporate a S$875 million, five-12 months Set Rate Inexperienced Notice with a coupon of one.837% for each annum issued in July 2025, and a S£900 million set-rate Observe because of in 2031 with a three.46% once-a-year curiosity rate. The least investment decision for these bonds is typically superior, website with denominations of S$250,000, making them principally accessible to institutional and accredited buyers. HDB's bonds are unique from Singapore Government Securities (SGS) and Singapore Discounts Bonds (SSBs). The coupon charge is preset to the bond's lifespan and paid semi-every year.