Global Market: Singapore launches green bond issue targeting up to $2 billion

Singapore, through the Monetary Authority of Singapore, launched a sovereign green bond targeting up to $2 billion with initial price guidance of around 2.55%, maturing on August 1, 2046. Proceeds will finance infrastructure projects under Singapore's green bond framework, with S$50 million reserved for retail investors. DBS, Deutsche Bank, HSBC, OCBC and Standard Chartered are the joint bookrunners, and the bond is expected to settle on August 3, 2026.