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Published on 4/26/2024 in the Prospect News Emerging Markets Daily.

New Issue: Singapore’s DBS Bank issues $35 million zero-coupon callable notes due 2044

By Mary-Katherine Stinson

Lexington, Ky., April 26 – DBS Bank Ltd. issued $35 million of 0% callable notes due 2044, according to a notice.

The 20-year notes come with five years of call protection.

The notes will be listed on the Singapore Exchange effective April 29.

The financial services group is based in Singapore.

Issuer:DBS Bank Ltd.
Issue:Zero-coupon callable notes
Amount:$35 million
Maturity:April 26, 2044
Coupon:0%
Call features:Callable after five years
Settlement date:April 26
Listing date:April 29
ISIN:XS2782057116

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