Credit Rating

HDB has been rated Aaa by Moody’s Investors Service.
Moody’s - Issuer and Multicurrency Medium Term Note (MTN) Programme Rating Report
Date Rating Outlook Moody's Press Release 
27 Feb 2019

Issuer - Affirmed at Aaa

MTN Programme - Affirmed at (P)Aaa


Moody's affirms Singapore's Housing and Development Board's
Aaa ratings; outlook stable

(Moody's Press Release dated 27 Feb 2019)

 15 Oct 2015

 Issuer - Aaa

 MTN Programme - (P)Aaa


Moody's assigns first-time Aaa rating to Singapore's Housing &
Development Board

(Moody's Press Release dated 15 Oct 2015)