DBS issues $107m (HKD210m) 3.47% notes due in 2024

The notes will be listed in the bonds market on 26 July.

DBS Bank’s Hong Kong branch announced that it issued $107m (HKD610m) 3.47% notes that are due in 2024.

In an announcement, the bank said notes will be listed and quoted in the bonds market on 26 July.

READ MORE: DBS vs OCBC: Which bank will post a higher net profit in Q2?

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It will be quoted and traded in HK Dollar. The notes will be in denominations of $176,773 (HKD1m) and in integral multiples of $176,773 (HKD1m).

The bank also said that the notes will be traded in a minimum board lot size of $17,677 (HKD100,000) with a minimum of 20 lots to be traded in a single transaction.

$1 = $5.65

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