The Housing & Development Board (HDB) was established in 1960 and is headquartered in Singapore, primarily tasked with providing affordable housing solutions to the nation’s residents. HDB is renowned for its comprehensive planning and development of public housing in Singapore, aiming to create quality living environments for its citizens.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
HDB began issuing bonds in 1997 to finance its housing projects, with significant issuances including the S$1 billion bond in 2017, aimed at supporting the development of new residential projects. Currently, HDB’s bonds offer competitive yields compared to the industry, reflecting the strong demand for their financing instruments. Notably, HDB bonds are backed by government support, enhancing their appeal among investors, and recent news indicates plans for further bond issuances to fund sustainability initiatives in housing.