General Announcement::ISSUE OF GBP1,000,000,000 FLOATING RATE COVERED BONDS BY DBS BANK LTD.

Issuer & Securities

Issuer/ Manager
DBS GROUP HOLDINGS LTD
Securities
DBS GROUP HOLDINGS LTD - SG1L01001701 - D05
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
10-Nov-2021 08:30:10
Status
New
Announcement Sub Title
ISSUE OF GBP1,000,000,000 FLOATING RATE COVERED BONDS BY DBS BANK LTD.
Announcement Reference
SG211110OTHRGY4U
Submitted By (Co./ Ind. Name)
TEOH CHIA-YIN
Designation
GROUP SECRETARY
Description (Please provide a detailed description of the event in the box below)
DBS Bank Ltd. has on 9 November 2021 successfully priced the issue of GBP1,000,000,000 floating rate covered bonds due 2025 (the "Covered Bonds") under DBS Bank Ltd.'s USD10 billion Global Covered Bond Programme established on 16 June 2015 and last updated on 14 April 2021. The Covered Bonds will bear a floating coupon of Compounded Daily SONIA plus 1.00 per cent. per annum payable quarterly in arrear and will be guaranteed as to payments of interest and principal by Bayfront Covered Bonds Pte. Ltd.

Please see attached for more details.

Attachments

ISSUE OF GBP1000000000 FLOATING RATE COVERED BONDS BY DBS BANK LTD.pdf
Total size =120K