SG debt listings Tuesday: Korea Development Bank, China Ping An Insurance Overseas

Australian notes and coins

These are entities which announced debt listing confirmations in Singapore on Tuesday, 8 February 2022: the Korea Development Bank and China Ping An Insurance Overseas (Holdings). 

Korea Development Bank

The Korea Development Bank, acting through its principal office in Korea, said Tuesday its A$28 million 3.04 percent notes due 2032 (ISIN code: XS2440243868) would be listed on SGX’s bond market on Wednesday. 

The notes, which will trade in U.S. dollars, will be in denomination of A$1 million, with a minimum board lot size of A$500,000, with a minimum of two lots in a single transaction, the development bank said in a filing to SGX. 

The state-owned policy bank, Korea Development Bank, provides industrial capital to help develop South Korea’s economy.

China Ping An Insurance Overseas (Holdings)

China Ping An Insurance Overseas (Holdings) said Tuesday its US$50 million 1.364 percent notes due 2022 (ISIN code: XS2412042272) would be listed on SGX’s bond market on Wednesday. 

The notes, which will trade in U.S. dollars, will be in denomination of US$200,000, which is also the minimum board lot size, the insurer said in a filing to SGX. 

China Ping An Insurance Overseas (Holdings), based in Hong Kong, is the Ping An Group’s overseas platform for direct investments and asset management. It is a direct, wholly owned subsidiary of Ping An Insurance (Group) of China.