SINGAPORE -- Singapore will raise 2.4 billion Singapore dollars ($1.7 billion) from its debut tranche of green bonds to be issued this month, with the funds to go toward the city-state's rail infrastructure.
Float will finance rail network expansion to reduce automobile use
Singapore aims to improve public transportation services in order to reduce people's reliance on cars. © Reuters
SINGAPORE -- Singapore will raise 2.4 billion Singapore dollars ($1.7 billion) from its debut tranche of green bonds to be issued this month, with the funds to go toward the city-state's rail infrastructure.