UOB - United Overseas Bank Ltd. has priced a €850 million covered bond with a maturity in 2030 and a coupon of 2.718% per annum. The issuance attracted strong investor demand, with the order book exceeding €1.2 billion. The bond marks the longest outstanding EUR-denominated covered bond from Singapore and is the first 5-year covered bond from a Singaporean bank issuer since October 2021. Distribution was primarily to asset managers (about 40%), banks (29%), and central banks/official institutions (28%), with notable geographic participation from Switzerland (28%) and Germany (26%). The final pricing was set at mid-swap plus 30 basis points, one basis point below fair value. View original content: https://www.prnewswire.com/news-releases/uob-begeben-gedeckte-schuldverschreibungen-im-wert-von-850-millionen-euro-302627342.html
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. UOB - United Overseas Bank Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: GE32734) on November 27, 2025, and is solely responsible for the information contained therein.
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