Singapore is preparing to issue a S$2.1 billion (US$1.63 billion) 20-year green infrastructure bond, appointing five major banks to arrange the offering. The proceeds will finance environmentally sustainable infrastructure projects under Singapore’s Green Bond Framework, reinforcing Singapore’s commitment to sustainable finance and low-carbon development.
Key Overview
- Singapore plans to issue a S$2.1 billion (US$1.63 billion) green bond.
- The 20-year bond will mature in August 2046.
- DBS, Deutsche Bank, HSBC, OCBC and Standard Chartered have been appointed as joint lead managers.
- Proceeds will fund eligible projects under Singapore’s Green Bond Framework.
- The offering supports Singapore’s sustainable finance and infrastructure ambitions.
Singapore Appoints Banks for Major Green Bond Issuance
The Monetary Authority of Singapore has appointed DBS, Deutsche Bank, HSBC, OCBC and Standard Chartered to arrange a planned S$2.1 billion (US$1.63 billion) green infrastructure bond, marking another significant step in the country’s sustainable finance programme.
According to a mandate reviewed by Reuters, the Singapore-dollar-denominated bond will mature in August 2046, making it a 20-year issuance designed to support long-term investments in environmentally sustainable infrastructure.
Subject to market conditions, the bond could be launched as early as this week.
Financing Sustainable Infrastructure
Proceeds from the bond will be allocated under Singapore’s green Bond Framework, which governs how funds raised through sovereign green bonds are invested.
The framework ensures financing is directed toward eligible environmentally sustainable projects while requiring transparent annual reporting on the environmental impact of funded initiatives.
Singapore has increasingly used green financing to support infrastructure that contributes to climate resilience, emissions reduction and sustainable urban development.
The latest issuance further strengthens the country’s position as one of Asia’s leading sustainable finance hubs.
Five Global Banks Lead the Offering
The bond will be jointly arranged by five major financial institutions:
- DBS
- Deutsche Bank
- HSBC
- OCBC
- Standard Chartered
The appointment reflects Singapore’s continued reliance on leading regional and international banks to support large-scale sovereign debt issuances and broaden investor participation.
The involvement of multiple global financial institutions is expected to enhance market liquidity and attract a diverse pool of domestic and international investors.
Supporting Singapore’s Green Finance Strategy
Singapore has steadily expanded its sustainable finance ecosystem through sovereign green bonds, sustainability-linked financing and policies aimed at mobilising private capital for climate-related investments.
Its Singapore’s Green Bond Framework provides investors with confidence that proceeds are being allocated to projects that meet internationally recognised environmental standards.
The framework also promotes transparency through regular impact reporting, allowing investors to assess how financed projects contribute to environmental objectives such as reducing emissions, improving resource efficiency and strengthening climate resilience.
By issuing long-term green bonds, Singapore is also helping establish pricing benchmarks that can encourage greater issuance by corporations and financial institutions across the region.
Context is everything. Stay ahead of shifting trends with today’s market updates, and uncover emerging opportunities using the Serrari Group Market Index and Marketplace. Then, take control of your own financial future by exploring our Money & Life Reset Transformation Blueprint ™ to build stronger habits, create better systems, and design a path toward lasting wealth.
Strong Credit Ratings Support Investor Confidence
Singapore enters the bond market with some of the strongest sovereign credit ratings globally.
According to the mandate, the country holds:
- Aaa from Moody’s
- AAA from S&P Global Ratings
- AAA from Fitch Ratings
These top-tier ratings reflect Singapore’s strong fiscal position, prudent financial management and stable economic outlook.
High sovereign credit ratings typically allow governments to borrow at lower financing costs while attracting broad institutional investor demand, particularly for long-dated securities such as the planned 20-year green bond.
Growing Demand for Green Bonds
Global demand for green bonds has continued to grow as governments, institutional investors and asset managers seek investments that support climate action and sustainable development.
Green bonds have become an increasingly important financing tool for funding renewable energy, clean transport, resilient infrastructure, water management and other environmentally beneficial projects.
Singapore’s latest issuance reinforces its ambition to remain a leading centre for sustainable finance in Asia while supporting national climate objectives and encouraging greater private-sector participation in green investments.
Outlook
Singapore’s planned S$2.1 billion green bond highlights the country’s continued commitment to financing sustainable infrastructure through capital markets. Backed by Singapore’s Green Bond Framework, strong sovereign credit ratings and support from leading international banks, the issuance is expected to attract significant investor interest. As governments increasingly rely on green bonds to fund climate-related projects, Singapore is strengthening its position as a regional sustainable finance hub while creating long-term funding for environmentally sustainable development and supporting the transition to a low-carbon economy.
FAQs
1. How much is Singapore’s planned green bond worth?
The planned issuance has a minimum size of S$2.1 billion (US$1.63 billion).
2. Which banks are arranging the green bond?
The bond is being arranged by DBS, Deutsche Bank, HSBC, OCBC and Standard Chartered.
3. What will the bond proceeds be used for?
Funds will finance eligible environmentally sustainable infrastructure projects under Singapore’s Green Bond Framework.
4. When does the bond mature?
The Singapore-dollar-denominated green bond is scheduled to mature in August 2046, giving it a 20-year tenor.
Sources: The Business Times, The Edge Malaysia, Zawya, The Straits Times
Your financial future isn’t something you wait for—it’s something you build.
The real question is: when do you begin?
Move beyond simply staying informed.
Navigate the markets with clarity—track trends through the Serrari Group Market Index, uncover opportunities in the Serrari Marketplace, and build practical knowledge with our Curated Wealth Builder Platform.
Stay connected to what truly matters.
Get daily insights on macro trends and financial movements across Kenya, Africa, and global markets—delivered through the Serrari Newsletter.
Growth opens doors.
Advance your career through professional programs including ACCA, HESI A2, ATI TEAS 7 , HESI EXIT , NCLEX – RN and NCLEX – PN, Financial Literacy!🌟—designed to move you forward with confidence.
See where money is flowing—clearly and in real time.
Track Money Market Funds, Treasury Bills, Treasury Bonds, Green Bonds, and Fixed Deposits, alongside global and African indexes, key economic indicators, and the evolving Crypto and stablecoin landscape—all within Serrari’s Market Index.
