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DBS Bank's structured note raises over S$1b in three months

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Ms Audra Seah says response to DBS Global Income Note has been "exceedingly strong''. The payout rate in Singapore dollar is 3.65 per cent, after hedging cost of 0.6 per cent.

Singapore

A STRUCTURED note paying out 4.25 per cent (in US dollars) a year has raised over S$1 billion in three months, in a sign that investors' appetite for yield remains unsated.

DBS Bank's DBS Global Income Note, an open-ended structured note,...

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