Close
Top

Temasek prices S$750 million Temasek Bond

Singapore, 3 August 2026, 9.00 p.m. – Temasek Financial (I) Limited (“TFin-I”) has priced S$750 million 2.65% Guaranteed Notes due 2036 (the “T2036-S$ Temasek Bond”).

Unconditionally and irrevocably guaranteed by Temasek Holdings (Private) Limited (“Temasek”), the T2036-S$ Temasek Bond will be issued under TFin-I’s US$30 billion Guaranteed Global Medium Term Note Programme (the “Programme”).

The 10-year T2036-S$ Temasek Bond was priced at par, with a yield to maturity of 2.65% per annum and investors will be paid interest every six months.

Temasek has been assigned an overall corporate credit rating of “Aaa” by Moody’s Investors Service, Inc. (“Moody’s”) and “AAA” by S&P Global Ratings, a division of S&P Global Inc. (“S&P”), and the T2036-S$ Temasek Bond is likewise rated “Aaa” by Moody’s and “AAA” by S&P.

TFin-I intends to provide the net proceeds from the issuance of the T2036-S$ Temasek Bond to Temasek and its investment holding companies to fund their ordinary course of business.

The offering is scheduled to close on 11 August 2026.

The T2036-S$ Temasek Bond is expected to be listed on the Official List of the Singapore Exchange Securities Trading Limited (the “SGX-ST”) on 12 August 2026. The SGX-ST assumes no responsibility for the correctness of any of the statements made or opinions expressed or reports contained herein. Admission to the Official List of the SGX-ST and listing and quotation of the T2036-S$ Temasek Bond on the SGX-ST are not to be taken as an indication of the merits of TFin-I, Temasek, their respective subsidiary companies (if any), their respective associated companies (if any), the Programme, or the T2036-S$ Temasek Bond.

The T2036-S$ Temasek Bond was offered outside the United States only to non-U.S. persons under Regulation S of the U.S. Securities Act of 1933, as amended (the “Securities Act”).

The Joint Lead Managers and Bookrunners were DBS, OCBC, Standard Chartered Bank, and United Overseas Bank.

 

– End –

 

References to “S$” are to Singapore dollars, the lawful currency of Singapore.

References to “US$” are to U.S. dollars, the lawful currency of the United States.

Not for distribution within the United States or to U.S. Persons

This release is not an offer of securities for sale in the United States. The securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. No portion of the proposed offering is intended to be registered in the United States, and no public offering is intended to be conducted in the United States. The T2036-S$ Temasek Bond may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons.

In the European Economic Area (the “EEA”), this announcement is only directed at persons who are “qualified investors” within the meaning of Article 2(e) of Regulation (EU) 2017/1129.

In the United Kingdom (“UK”), this announcement is only directed at “qualified investors” as defined in paragraph 15 of Schedule 1 to the Public Offers and Admissions to Trading Regulations 2024, who are also persons (i) that have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); (ii) falling within Article 49(2)(a) to (d) (“high net worth companies, unincorporated associations etc.”) of the Order or (iii) to whom this announcement may otherwise be directed without contravention of Section 21 of the Financial Services and Markets Act 2000, as amended (all such persons together being referred to as “relevant persons”). This announcement must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this announcement relates is available only to relevant persons and will be engaged in only with relevant persons.

No (i) key information document (KID) required by Regulation (EU) No 1286/2014 or (ii) disclosure document required by the FCA Product Disclosure Sourcebook and the Consumer Composite Investments (Designated Activities) Regulations 2024 has been prepared as the offering is not available to retail investors in the EEA or the UK.

 

For media queries, please contact: For investor queries, please contact:

Kelvin NG

Director, Public Affairs, Temasek

Tel: +65 6828 6939

Email: kelvinng@temasek.com.sg

 

Yi Yan SEAH

Assistant Vice President, Public Affairs, Temasek

Tel: +65 6828 2477

Email: yiyan@temasek.com.sg

CHONG Hui Min

Director, Investor Relations, Temasek

Tel: +65 6828 2468

Email: huimin@temasek.com.sg

 

Justin WONG

Vice President, Investor Relations, Temasek

Tel: +65 6828 6212

Email: justinwong@temasek.com.sg

Subscribe to our newsletter

Stay up to date with our latest news, insights and stories

Select a type of content
    Please select Stories you are interested in.
    Please give us your consent.
    Please confirm that you are not a robot.