POST-TRANSACTION PAYMENT ENABLED BOND COMPLEXITY : LOW ISIN: SGXF28219040
HDBSP 2.471% 21Jan2036 Qsov (SGD)
HOUSING & DEVELOPMENT BOARD (HDB)
Indicative Bid Price
101.574
Bid Yield to Maturity
2.287%
Min. Investment (Nominal)
250000
Indicative Ask Price
102.216
Ask Yield to Maturity
2.213%
Maturity Date
20 Jan 2036
Credit Rating (Bond)
N.R
No Rating
Seniority
Senior Unsecured
Investor Profile
 Long Term Depositor
Chart
Created with Highcharts 9.3.2Chart context menuBid Yield to MaturityAsk Yield to Maturity18. May20. May22. May24. May26. May28. May30. May1. Jun3. Jun5. Jun7. Jun9. Jun11. Jun13. Jun15. Jun2.12.22.32.42.52.6fundsupermart.com
Bond Information
Housing & Development Board (HDB) constructs, upgrades, redevelops, and sells real estate properties. The Company develops and manages ancillary facilities such as commercial and industrial properties, car parks, markets, hawker centers, residential flats, and old estate.
Bond Issuer
Housing & Development Board (HDB)
Guarantor
-
Announcement Date
12 Jan 2026
Issue Date
20 Jan 2026
Maturity Date / Next Call Date
20 Jan 2036 (Maturity Date)
Years to Maturity / Next Call
9.600 / -
Issue/Reoffer Price
100.000
Issue/Reoffer Yield
2.471
Coupon Type
Fixed
Annual Coupon Rate (%)
2.471
Annual Coupon Frequency
Semi Annually
Seniority
Senior Unsecured
Exchange Listed
SGX
Reference Rate
-
ISIN
SGXF28219040
CUSIP
DC9773599
Bond Currency
SGD
Total Issue Size
SGD 1,200,000,000
Minimum Investment Quantity (Nominal)
SGD 250,000
Incremental Quantity (Nominal)
SGD 250,000
Bond Registration
Wholesale
Bond Type
Quasi-Sovereign
Bond Sector
Financials
Bond Sub Sector
Real Estate Management and Development
Issuer Credit Rating (S&P/ Fitch)
***/W.R
Bond Credit Rating (S&P/ Fitch)
***/N.R
Shariah Compliant
No
W-8BEN Declaration needed
No
Bond Feature(s)
Noteholders’ option to require the Issuer to purchase the notes upon the Issuer ceasing to be a public authority or body :

Yes, at par, if, as a result of any amendment to the H&D Act or any other statute, HDB ceases to be an authority or body established by written law to discharge functions of a public nature or the Notes cease to be the obligations of HDB and any such event would materially and adversely affect the interests of the Noteholders.
Price History
(Daily prices for the last 3 months), if you wish to view more than 3 months price history you may export the file
DATE
BID PRICE
ASK PRICE
ASK YIELD (MATURITY)
16 Jun 2026101.574102.2162.213
15 Jun 2026101.417102.0742.229
14 Jun 2026101.372102.1122.225
11 Jun 2026101.119101.8532.255
10 Jun 2026100.683101.4132.306
09 Jun 2026100.567101.3142.318
08 Jun 2026100.404101.1502.337
07 Jun 2026100.082100.8222.375
04 Jun 2026100.871101.6062.284
03 Jun 2026100.809101.4622.301
Total of 65 entries
10 / Page
FSMOne strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.
Credit Rating
CHANGE DATE
S&P Bond S&P Issuer Fitch Bond Fitch Issuer
30 Jan 2026 *** *** N.RN.R -> W.R
Total of 1 entries
10 / Page
  • page
  • 1 / 1
  • You're on page 1
  • page
Related Documents
pdfIcon
Offering Circular
S$42,000,000,000 Multicurrency Medium Term Note Programme (the “Programme”). Information Memorandum dated 24 October 2025.
pdfIcon
Pricing Supplement
$1,200,000,000 Fixed Rate Notes Du 2036. Pricing Supplement dated 20 January 2026.
Related Bonds
BOND NAME

ISSUER

MATURITY DATE / NEXT CALL DATE
ASK PRICE
ASK YTM / YTW
BOND CREDIT RATING (S&P/FITCH)
action
HDBSP 4.090% 26Oct2027 Qsov (SGD)

Housing & Development Board (HDB)

 25 Oct 2027 103.413 1.534% p.a. ***/W.R
TRANSACT
BEHDBSP 3.995% 06Dec2029 Qsov (SGD)

Housing & Development Board (HDB)

 05 Dec 2029 107.501 1.755% p.a. ***/W.R
TRANSACT
HDBSP 3.948% 29Jan2029 Qsov (SGD)

Housing & Development Board (HDB)

 28 Jan 2029 105.831 1.658% p.a. ***/N.R
TRANSACT
HDBSP 3.460% 21May2031 Qsov (SGD)

Housing & Development Board (HDB)

 20 May 2031 107.215 1.917% p.a. ***/W.R
TRANSACT
HDBSP 3.437% 13Sep2029 Qsov (SGD)

Housing & Development Board (HDB)

 12 Sep 2029 105.384 1.719% p.a. ***/W.R
TRANSACT
HDBSP 3.409% 30Apr2027 Qsov (SGD)

Housing & Development Board (HDB)

 29 Apr 2027 101.631 1.507% p.a. ***/W.R
TRANSACT
HDBSP 3.244% 23Jul2026 Qsov (SGD)

Housing & Development Board (HDB)

 22 Jul 2026 100.172 1.444% p.a. ***/W.R
TRANSACT
HDBSP 3.220% 01Dec2026 Qsov (SGD)

Housing & Development Board (HDB)

 30 Nov 2026 100.885 1.256% p.a. ***/N.R
TRANSACT
HDBSP 3.151% 12Mar2031 Qsov (SGD)

Housing & Development Board (HDB)

 11 Mar 2031 105.685 1.889% p.a. ***/W.R
TRANSACT
HDBSP 3.120% 21Jan2030 Qsov (SGD)

Housing & Development Board (HDB)

 20 Jan 2030 104.687 1.767% p.a. ***/W.R
TRANSACT
Total of 39 entries
10 / Page
FSMOne's Fees
For more information, please refer to the Pricing Structure
For each Buy & Sell Order (Retail^, Wholesale, Bond Express)
Processing Fee
0.35% / Min. SGD 10*
Platform Fee
0.05% per quarter
Other Charges
Goods & Services Tax (GST)
9% (GST is applicable to Singaporean residents on FSMOne’s fee)
Order Processing Time
Buy Wholesale Bonds / SGS Bonds / Retail (All payment type)
Generally T+2 business days upon payment clearance
Sell Wholesale Bonds / SGS Bonds / Retail Bonds
Generally T+2 business days (Redemption proceeds will be credited on next day)
waveHandIcon

Remark

  1. *Processing fee is subjected to a minimum of SGD 10 (or in its equivalent currency).
  2. ^ For the purchase of the Retail Bonds, FSM will be absorbing SGX related Charges, till further notice.
  3. T = Transaction Date
    The Order processing time refers to the order completion and reflected in your account.
    ^The Purchase date will be based on T date

Platform Charge
  1. For the purpose of benefiting from lower rates based on higher investment holding tiers, the effective platform fee rate is based on the total combined holdings of all FSM accounts under main account holder (including beneficiary accounts), while Stock / ETF / Cash Account holdings are excluded from the combined holdings amount.
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Note
  1. All fees and commission quoted are exclusive of Goods and Services Tax (GST).
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Potential Income Explained
EDIT
Est. Payable Amount
SGD 259,224.14
Years to Maturity
9 years 6+ months
Est. Total Income
SGD 61,775.00
Yield to Maturity
1.951%
Indicative Cash Flow
Nominal Value
SGD 250,000.00
  • 2036
    Jan
    Coupon
    SGD 3,088.75
    Maturity
    SGD 250,000.00
  • 2035
    Jul
    Coupon
    SGD 3,088.75
  • Jan
    Coupon
    SGD 3,088.75
  • 2034
    Jul
    Coupon
    SGD 3,088.75
  • Jan
    Coupon
    SGD 3,088.75
Disclaimer: Cash flow calculations are computed based on current coupon rate till next possible call or maturity date. Figures reflected are indicative and subjected to changes in case of any corporate actions.
Tools
Bond Calculator
Bond Selector
Recommended Bonds
Yield Curve
Index Data