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Prospect News home > News index > List of issuers D > Headlines for DBS Bank Ltd. > News item |
Fitch rates DBS bonds AA-
Fitch Ratings said it has assigned DBS Bank Ltd.'s 500 million offshore renminbi of fixed-rate bonds due 2016 a long-term rating of AA-.
The bonds are rated at the same level as DBS's AA- long-term issuer default rating.
A change in DBS's issuer default rating, presently on a stable outlook, will have an impact on the bond rating, the agency said.
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