iFast (SGX:AIY) launched and priced SG$120 million worth of 2.75% fixed-rate bonds due 2031 under its SG$300 million multicurrency debt issuance program, according to a Wednesday filing with the Singapore Exchange.

The bonds will bear interest at a fixed rate of 2.75% per annum, payable semi-annually in arrear on March 3 and Sept. 4 each year, starting on Sept. 3 this year. The bonds will mature on March 3, 2031.

The bonds are expected to be listed on the Singapore Exchange on March 4.

Oversea-Chinese Banking Corp. or OCBC (SGX:O39) was named as the sole dealer of the bonds.