SINGAPORE, Jan. 31 (Xinhua) -- Singapore's state investment firm Temasek will issue 750 million Chinese yuan (104 million U.S. dollars) of 3.2 percent guaranteed offshore bond due 2029, according to a recent statement by the firm.
The bond is expected to be issued on Feb. 6 and listed on the Singapore Exchange on Feb. 7.
The bond is unconditionally and irrevocably guaranteed by Temasek, and will be rated Aaa by Moody's, said the statement.
The issue allows Temasek to expand its investor base and access a new liquidity pool at competitive pricing, a Temasek spokesperson told local media Tuesday. ■