New Issue-F&N Treasury issues S$ 75 mln 1-yr Bond

. SINGAPORE, May 08(Reuters) - Following are terms and conditions of a bond issued on May 21, 2008

Borrower F&N Treasury Pte Ltd (FRNM.SI: Quote, Profile, Research, Stock Buzz)

Form of debt Fixed Rate Medium Term Note

Issue Amount S$75 million

Coupon 2.43% pa semi-annual

Issue Date May 21, 2008

Maturity Date May 21, 2009

Coupon Payment Date 21 November and 21 May

Commencing on 21 November 2008