OCBC prices EUR 500 million 2.989% covered bonds due 2029

  • OCBC priced EUR 500 million 2.989% covered bonds due 2029 under its US$10 billion Global Covered Bond Programme.
  • Proceeds earmarked for general corporate purposes.
  • Covered bonds expected to be issued May 18, 2026; expected ratings Aaa from Moody’s, AAA from Fitch.
  • Red Sail guarantee secured by asset portfolio purchased from OCBC.
  • Listing planned on SGX-ST; trading expected to start May 19, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OCBC - Oversea-Chinese Banking Corporation Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: JH24EQQBCK9O5EWP) on May 11, 2026, and is solely responsible for the information contained therein.