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Temasek's 5-year bond upsized to S$500m; institutional bids amount to 6.2 times final placement size
The offer received S$1.542 billion in bids from institutional, accredited and other specified investors — amounting to a subscription rate of about 6.2 times its placement tranche,
The upsized offering for the T2026-S$ Temasek Bond will comprise a placement of S$250 million of bonds to institutional, accredited and other specified investors, and another S$250 million of bonds to retail investors.