Investor Factsheet

Information as at 11 July 2017

Overview of Temasek

Temasek is an investment company headquartered in Singapore, with offices in 11 cities across the world.
(Singapore, China, India, Vietnam, Brazil, Mexico, United Kingdom & United States)

Temasek is wholly-owned by the Singapore Minister for Finance1.
Temasek owns and manages its assets on a commercial basis.
Investment, divestment and business decisions are directed by its Board and management.

Temasek’s portfolio as at 31 March 2017 was S$275 billion (US$197 billion).
Temasek’s compounded annualised Total Shareholder Return since inception in 1974 was 15% in Singapore Dollar terms, or 17% in US Dollar terms. 

Debt Issuance Programmes / Ratings





Long term

US$15b Guaranteed Global
Medium Term Note Programme



Short term

US$5b Euro-commercial Paper Programme



Note: The Singapore Government does not guarantee Temasek’s debt

Temasek Bonds

  • Temasek Bonds increase Temasek’s funding flexibility and expand its stakeholder base to include both international and Singapore bondholders.
  • As at 31 March 2017, there are S$11.6b (US$8.3b) of Temasek Bonds outstanding, with weighted average maturity of over 12 years.
Under the Singapore Minister for Finance (Incorporation) Act (Chapter 183), the Minister for Finance is a body corporate

2  Exchange rates as at 31 March 2017

Temasek Portfolio – S$275b (US$197b) as at 31 March 2017

* Distribution based on underlying assets.

Credit Profile3 (for years ended 31 March)

Dividend Income over
Interest Expense (x)

Net Portfolio Value over
Total Debt (x) 

Liquidity Balance4 over
Total Debt due in the next 10 Years (x)

3  Based on the financial information of Temasek as an investment company, namely Temasek Holdings (Private) Limited (THPL) and its Investment Holding Companies (IHCs). IHCs are THPL’s wholly owned subsidiaries, whose boards of directors or equivalent governing bodies comprise employees or nominees of THPL, wholly owned Temasek Pte. Ltd. (TPL), and/or TPL’s wholly owned subsidiaries. The principal activities of THPL and its IHCs are that of investment holding, financing, or the provision of investment advisory and consultancy services to THPL and its IHCs.
 4  Cash and cash equivalents, and short term investments.

Download the Temasek investor factsheet here


Temasek Holdings (Private) Limited
60B Orchard Road #06-18 Tower 2
The Atrium@Orchard
Singapore 238891

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