HDB issues fastened-amount bonds underneath its Multicurrency Medium Phrase Be aware programme to finance improvement projects and dealing funds demands. These bonds, that happen to be typically rated AAA by agencies like Fitch, are considered exceptionally lower threat. Current issuances include a S£875 million, 5-year Preset Fee Eco-friendly Note that has a coupon of 1.837% per annum issued in July 2025, and also a S$900 million fixed-amount Notice due in 2031 that has a 3.forty six% yearly interest website amount. The bare minimum expense for these bonds is often significant, with denominations of S$250,000, earning them largely accessible to institutional and accredited buyers. HDB's bonds are distinct from Singapore Governing administration Securities (SGS) and Singapore Discounts Bonds (SSBs). The coupon price is preset to the bond's lifespan and compensated semi-every year.