Temasek priced $1.5 billion bonds.
On August 13, Temasek Holdings launched two batches of US dollar bonds with a total value of $1.5 billion. According to the announcement released on the 14th, the $750 million two-year fixed-rate bonds were priced 15 basis points higher than the two-year benchmark US Treasury yield, with an annual coupon rate of 3.75% and semi-annual interest payments. The other $750 million two-year floating-rate bonds were priced 38 basis points higher than the secured overnight financing rate, with quarterly interest payments.
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