Singapore Eyes at Least $1.1 Billion From Debut Green Bond

Part of a sovereign and public sector issuance program worth as much as S$35 billion, the debt will be launched via a book-building process within the week, the Monetary Authority of Singapore said in a statement on Monday. The tenor will be either 30 or 50 years, with proceeds to fund expansion of the city-state’s electric rail network. 

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