Temasek hires banks for first sterling bonds-note

SINGAPORE, July 19 (Reuters) - Singapore state investor Temasek Holdings has hired UBS, Deutsche Bank , RBS and HSBC to sell its first sterling bonds, according to an investor note.

'The issue is expected to be launched in the near future, subject to market conditions,' said the note sent on Monday to fund managers by one of the investment banks.

Earlier, sources had told Reuters Temasek could do a benchmark sterling issue -- which in industry terms is at least $500 million equivalent.

(Reporting by Harry Suhartono)

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