Temasek Review 2020
Institution

Public Markers

Our Temasek Review, Credit Profile and Temasek Bonds serve as public markers to anchor our commitment as a robust and disciplined institution through generations.

The Temasek Review is our annual scorecard.

Our Credit Profile covers our key credit parameters in terms of leverage, interest coverage, and debt service coverage. Our credit ratios facilitate a quantitative assessment of our credit quality, and demonstrate our fundamental strength as an investment company.

We have received the top ratings of Aaa/AAA by Moody’s Investors Service and S&P Global Ratings respectively since our inaugural ratings in 2004.

We issue Temasek Bonds and Euro-commercial Paper periodically to retail, institutional, accredited and/or other specified investors as part of our financial discipline. Their credit spreads are living public market signals of any perceived changes in Temasek’s credit quality.

Our public markers instil financial discipline, broaden our stakeholder base, and facilitate our communications with the wider community.