HDB concerns preset-rate bonds less than its Multicurrency Medium Expression Notice programme to finance growth assignments and working cash prerequisites. These bonds, which happen to be frequently rated AAA by businesses like Fitch, are deemed very low hazard. New issuances incorporate a S$875 million, five-12 months Set Rate Environmentally friendly Notice using a coupon of 1.837% for each annum issued in July 2025, as well as a S$900 million fastened-charge website note owing in 2031 using a 3.forty six% annual desire fee. The minimal investment for these bonds is often large, with denominations of S$250,000, building them mostly accessible to institutional and accredited traders. HDB's bonds are distinct from Singapore Governing administration Securities (SGS) and Singapore Personal savings Bonds (SSBs). The coupon price is preset to the bond's lifespan and compensated semi-every year.