{
  "id": 2046956,
  "title": "OCBC prices £1 billion floating rate covered bonds due 2029",
  "url": "https://urgent.news/2026/08/20/ocbc-prices-1-billion-floating-rate-covered-bonds-due-2029",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-20T00:39:15.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/ocbc-prices-ps1-billion-floating-rate-covered-bonds-due-2029"
  },
  "original_language": "en",
  "account": null,
  "summary": "OCBC has priced £1 billion (S$1.7 billion) in floating rate covered bonds due 2029, with interest rates based on the compounded daily Sterling Overnight Index Average (Sonia) rate plus 0.48 per cent per annum. The bonds are expected to be issued on Aug 26 and listed on the Singapore Exchange on Aug 27, with Moody's Investors Services rating them Aaa and Fitch Ratings assigning an AAA rating.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}