Kenneth Yeoh, head of debt capital markets for OCBC, says the bank’s “agility in reacting to market developments” was crucial in helping them “bring diverse, high-quality issuers to the SGD bond market.”
2025 was a banner year for OCBC in terms of issuances. The bank says its notable transactions for the year included a $250 million 3.125% issuance for Optus, the Australian subsidiary of Singapore Telecommunications (SGX:Z74) , a $150 million 2.022% issuance for Singapore Management University as well as a $300 million 2.45% issuance for ground handler and catering company Sats (SGX:S58
) .
OCBC expects 2026 issuance levels to remain strong given the Singapore dollar’s status as a safe haven currency.
“We expect that the SGD’s resilience will continue to steer market activity, supported by a diversified investor base and sound credit fundamentals,” says Yeoh.
