SINGAPORE (March 15): Oversea-Chinese Banking Corporation has priced EUR 500 million ($751 million) of fixed rate covered bonds due 2022 under its US$10 billion ($14.2 billion) global covered bond programme.

Expected to be issued on March 21, the covered bonds will bear interest at a fixed rate of 0.25% per annum, payable annually in arrear.

The bonds will be listed on the Singapore Exchange on March 22.

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