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Published on 1/19/2023 in the Prospect News Emerging Markets Daily.

New Issue: Singapore’s DBS Bank issues $90 million of 0% notes due 2038

By Mary-Katherine Stinson

Lexington, Ky., Jan. 19 – DBS Bank Ltd. sold $90 million of 0% callable notes due Jan. 18, 2038, according to a listing notice.

The notes are non-callable for the first four years.

The notes were issued on Wednesday.

Listing of the notes will be on the Singapore Exchange effective Friday.

The financial services group is based in Singapore.

Issuer:DBS Bank Ltd.
Amount:$90 million
Issue:Notes
Maturity:Jan. 18, 2038
Coupon:0%
Call features:Non-callable for first four years
Settlement date:Jan. 18
Listing date:Jan. 20
ISIN:XS2479010600

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