SMU announced that it has completed the issuance of a $150 million Sustainability Bond. The proceeds of the Bond are earmarked for financing and refinancing green and social projects that deliver clear environmental and social benefits, as guided by SMU's newly established Sustainable Financing Framework. The Sustainability Bond, the first such bond by an Autonomous University (AU) in Singapore, was issued on 28 July 2025 at a coupon rate of 2.022% and will mature on 28 July 2032.
SMU President Professor Lily Kong said that this inaugural Sustainability Bond “reflects our belief that universities must play a leading role in building a more sustainable and inclusive future”. Lim Boon Wee, SMU's Senior Vice President (Administration) said that the bond issuance is a strategic milestone for SMU which enables the University to finance infrastructure and initiatives that enhance environmental performance and social impact, while ensuring transparency and accountability to their stakeholders.
