United Overseas Bank (UOB) U11, Southeast Asia’s third-largest bank by assets, said on Tuesday that it has priced 850 million euros ($979.12 million) in covered bonds under its $15 billion global covered bond programme.
The Singapore-based lender has set the annual coupon at 2.718%, payable once a year.
UOB expects to issue the bonds on December 1 this year, with maturity scheduled for December 1, 2030.





