U11.SI Stock Today, January 16: UOB Prices S$850m 3% Perps, 2033 Call
UOB perpetual capital securiti take centre stage today as United Overseas Bank priced S$850 million at a 3% distribution rate, callable in 2033, under its US$30 billion GMTN. For Singapore investors, this sets a fresh guide for SGD bank perp yields and funding costs. United Overseas Bank (U11.SI) will be in focus as we track credit spreads, equity reaction, and technicals. We also flag the upcoming earnings date and key trading levels for the U11.SI share price.
Deal Terms and Timeline
UOB priced S$850 million in perpetual capital securities at a 3% distribution rate, with an expected issue date of 21 January and a first call date in 2033. The notes sit under the bank’s US$30 billion GMTN programme. The pricing confirms low-cost access for UOB 3% perps, reinforcing strong demand in Singapore. For official details, see the announcement here source.
Perpetuals help optimise capital while containing funding costs, important for Singapore bank funding plans in 2026. A 3% coupon establishes a fresh reference point for SGD bank perp yields that both equity and credit investors will track. The clarity on terms supports confidence in UOB perpetual capital securiti and may influence peers’ pricing. Additional confirmation can be found here source.
Impact on U11.SI and Market Pricing
The U11.SI share price last traded around S$36.40, with a day range of S$36.22 to S$36.45 and a 52-week range of S$29.00 to S$39.20. Momentum is strong, with RSI at 78.36 and ADX at 36.19. Price sits above the upper Bollinger Band of S$36.13, which often precedes consolidation. MACD remains positive. Near term, we watch if strength persists or mean reversion starts.
UOB trades at 10.16 times earnings and 1.20 times book, with a 6.24% dividend yield on S$2.27 per share. ROE is 11.9%. The next earnings date is 19 February 2026. A B+ stock grade and Buy suggestion add support. Stable pricing of UOB perpetual capital securiti may lower perceived risk, offering a steady backdrop for the U11.SI share price.
Portfolio Considerations
A 3% coupon reduces funding costs, which can support returns for equity holders if credit spreads stay contained. The 2033 call introduces optionality if rates shift. For investors, UOB 3% perps set the tone for Singapore bank funding and the broader SGD perp curve. Steady demand would bolster sentiment for UOB perpetual capital securiti across asset classes.
Key levels to watch include the 50-day average at S$34.66 and the 200-day average at S$35.15. ATR at 0.30 signals contained daily swings, while the Bollinger middle band at S$35.13 is a logical mean-reversion marker. With RSI overbought, we prefer staggered entries on pullbacks. We continue to monitor UOB perpetual capital securiti for readthroughs to equity.
Final Thoughts
UOB’s S$850 million 3% perpetual capital securities, callable in 2033, deliver a clear signal on funding strength and pricing power. The new level anchors SGD bank perp yields and provides a useful benchmark for credit and equity investors in Singapore. For U11.SI, momentum is firm, though technicals are stretched, with price above the upper Bollinger Band and RSI in overbought territory. Valuation remains reasonable versus history, while a 6.24% yield and the 19 February 2026 results date offer near-term catalysts. Our focus in the coming sessions is on secondary pricing of the UOB 3% perps, mean reversion toward S$35.13 if momentum cools, and any guidance that links capital costs to growth. We will reassess if spreads widen or earnings outlook shifts.
FAQs
What are UOB perpetual capital securities and why do they matter?
They are perpetual bonds with no fixed maturity that count toward the bank’s capital stack and can be called at set dates, in this case 2033. A 3% distribution rate signals strong demand and low funding costs. This helps guide pricing for SGD bank perps and informs how investors assess UOB’s balance sheet strength and earnings resilience.
How could the 3% perps affect the U11.SI share price near term?
A low coupon can support sentiment by indicating efficient funding and stable access to markets. For the U11.SI share price, this may reduce risk premiums and aid valuation. That said, equity moves also depend on earnings, credit costs, and rates. With RSI elevated, near-term consolidation is possible even with supportive funding signals.
What key levels and indicators should traders monitor on U11.SI?
Watch S$34.66 as the 50-day average, S$35.15 as the 200-day average, and the Bollinger middle band near S$35.13 for mean reversion. RSI at 78.36 suggests overbought conditions, while ATR at 0.30 reflects controlled volatility. Sustained closes above S$36.13 would indicate momentum remains intact despite stretched readings.
What dates and events are next for UOB investors?
The expected issue date for the 3% perpetuals is 21 January, with first call in 2033. The next major catalyst is UOB’s earnings on 19 February 2026. Investors will watch secondary pricing of the perps, any guidance on net interest margins, and updates on capital plans that could influence funding costs and dividends.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
