BEAKING: GARMENT To BORROW Money Again. THIS TIME US$1B

[ahleebabasingaporethief]

Found this ....I believe to 'tong' them till after ERECTYIONS 2010...then raise GST to 10% after ERECTIONS
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[FONT=Arial,Geneva,Verdana,Sans-Serif]Temasek to Sell S$1 Billion of Bonds to Fund Business (Update1)
[FONT=Arial,Geneva,Verdana,Sans-Serif]2010-02-08 03:25:51.556 GMT[/FONT]
[FONT=Arial,Geneva,Verdana,Sans-Serif](Adds reason for sale in fourth paragraph, credit ratings.)[/FONT]
[FONT=Arial,Geneva,Verdana,Sans-Serif]By Shelley Smith and Katrina Nicholas[/FONT]
[FONT=Arial,Geneva,Verdana,Sans-Serif]Feb. 8 (Bloomberg) -- Temasek Holdings Pte., Singapore’s state-owned investment company, plans to sell S$1 billion ($704 million) of 10-year bonds to fund operations.[/FONT]
[FONT=Arial,Geneva,Verdana,Sans-Serif]Temasek unit Temasek Financial Ltd. will sell the bonds, which will be issued under the Singapore state-owned investment company’s $10 billion global medium-term note program, Temasek said in an e-mailed statement today. The program limit was doubled on Feb. 3 "to cater for the possibility of future issues," according to the statement.[/FONT]
[FONT=Arial,Geneva,Verdana,Sans-Serif]The notes may be priced to yield between 40 basis points and 45 basis points more than the Singapore swap offer rate, according to two people familiar with the matter who declined to be identified before a public announcement. The bonds will be priced as soon as today, the people said.[/FONT]
[FONT=Arial,Geneva,Verdana,Sans-Serif]"The issuer intends to provide the net proceeds from the issuance of the notes to Temasek and its investment holding companies to fund their ordinary course of business," the statement said.[/FONT]
[FONT=Arial,Geneva,Verdana,Sans-Serif]Moody’s Investors Service ranks Temasek’s debt at Aaa, its highest investment-grade rating, while Standard & Poor’s grades its bonds an equivalent AAA.[/FONT]
[FONT=Arial,Geneva,Verdana,Sans-Serif]The Singapore government-owned investment company sold S$300 million each of 20- and 30-year notes priced to yield 4 percent and 4.2 percent respectively in November, according to a Dec. 7 e-mailed release from Temasek.[/FONT]
[FONT=Arial,Geneva,Verdana,Sans-Serif]Temasek hired Australia & New Zealand Banking Group Ltd., DBS Group Holdings Ltd., HSBC Holdings Plc and Standard Chartered Plc to manage the sale, according to a person familiar with the matter.[/FONT]
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[Devil Within]

Is Singapore following US monetary policy to it's ruin? Or are they following China in getting ready and prepare for the destruction of US dollar?

 

[Cestbon]

Confirm CPF board no more money.
Now selling bond with interest about 4% more than CPF interest.
Built more HDB flat to empty the user ordinary account.