Singapore raises SGD2.6 billion through 20-year green infrastructure bond

Singapore has continued to expand its sovereign green financing programme with the issuance of a 20-year Green Singapore Government Securities (Infrastructure) bond worth SGD2.6 billion, reinforcing the country's commitment to funding sustainable and nationally significant infrastructure projects.

The latest issuance forms part of Singapore's broader strategy under the Singapore Green Plan 2030, which aims to accelerate the country's transition towards a more sustainable and climate-resilient economy.

Standard Chartered was appointed as a joint lead manager for the transaction, marking the fourth consecutive time the bank has participated in the government's green bond programme.

The Green Singapore Government Securities (Infrastructure) programme was introduced to finance major infrastructure projects that support Singapore's long-term environmental and economic objectives while deepening the country's sustainable finance ecosystem.

Patrick Lee, chief executive for Singapore and chief executive for ASEAN and South Asia at Standard Chartered, said the repeated appointment reflected the bank's commitment to supporting the development of Singapore's capital markets and sustainable finance agenda.

"We are honoured to have been appointed for the fourth consecutive time as a joint lead manager on the 20-year Green SGS (Infrastructure) issuance," Lee said.

He added that the continued mandate demonstrated the bank's commitment to supporting Singapore's sovereign green bond programme and the development of resilient capital markets.

As Singapore continues to expand its pipeline of green bond issuances, Lee said the bank would continue to connect long-term capital with projects designed to support sustainable growth and strengthen the country's position as a leading sustainable finance centre.

Singapore has increasingly relied on green financing to fund infrastructure projects aligned with the Singapore Green Plan 2030, which outlines national targets across areas including sustainable development, energy transition, green transport and climate resilience.

The latest bond issuance highlights the government's continued use of capital markets to mobilise investment for long-term infrastructure development while supporting environmental objectives.

The transaction also underscores Singapore's ambition to strengthen its role as one of Asia's leading sustainable finance hubs by attracting institutional investors seeking long-duration green investment opportunities.