For the first time, the Singapore government will issue a 50-year sovereign green bond to institutional, accredited, and individual investors. So as a retail investor, you can subscribe to the bond if you wish to. But should you subscribe?

What is the Aug-72 Green SGS Bond?

The government will issue a green bond with a tenor of 50 years. The Singapore government have not issued a bond of this tenor before. The previous longest tenor was 30 years. The government deliberated whether to issue a thirty-year or a fifty-year bond and decided upon a fifty-year bond. The bond will be priced with a 3.04% yield.Each bond has a principle value of $100, but the price you will get is $98.976, and it comes with a coupon of $3.00 a year, which is paid semi-annually. Since the price you will get is at a slight discount to the $100 par...