BOND COMPLEXITY : LOWISIN: US24023LAL09
DBSSP 4.403% 21Mar2028 Corp (USD)
DBS GROUP HOLDINGS LIMITED
Indicative Bid Price
99.268
Bid Yield to Maturity
4.940%
Min. Investment (Nominal)
200000
Indicative Ask Price
99.383
Ask Yield to Maturity
4.855%
Maturity Date
20 Mar 2028
Credit Rating (Bond)
AA-
High Investment Grade
Seniority
Senior Unsecured
Capital Structure
Senior Unsecured
Investor Profile
Stable Income Seeker
Chart
Created with Highcharts 9.3.2Chart context menuBid Yield to MaturityAsk Yield to Maturity16. Sep18. Sep20. Sep22. Sep24. Sep26. Sep28. Sep30. Sep2. Oct4. Oct6. Oct8. Oct10. Oct12. Oct14. Oct4.74.84.955.1FSM Global
Bond Information
DBS Group Holdings Limited and its subsidiaries provide a variety of financial services. The Company offers services including mortgage financing, lease and hire purchase financing, nominee and trustee, funds management, corporate advisory and brokerage . DBS Group also acts as the primary dealer in Singapore government securities.
Bond Issuer
DBS Group Holdings Limited
Guarantor
-
Announcement Date
12 Mar 2025
Issue Date
20 Mar 2025
Maturity Date / Next Call Date
20 Mar 2028 (Maturity Date)
Years to Maturity / Next Call
1.429 / -
Issue/Reoffer Price
100.000
Issue/Reoffer Yield
4.403
Coupon Type
Fixed
Annual Coupon Rate (%)
4.403
Annual Coupon Frequency
Semi Annually
Seniority
Senior Unsecured
Exchange Listed
SGX
Reference Rate
-
ISIN
US24023LAL09
CUSIP
24023LAL0
Bond Currency
USD
Total Issue Size
USD 500,000,000
Minimum Investment Quantity (Nominal)
USD 200,000
Incremental with Min Investment Quantity (Nominal)
USD 1,000
Bond Registration
Wholesale
Bond Type
Corporate
Bond Sector
Financials
Bond Sub Sector
Banks
Issuer Credit Rating (S&P/ Fitch)
***/AA-
Bond Credit Rating (S&P/ Fitch)
***/AA-
Shariah Compliant
No
W-8BEN Declaration needed 
No
Price History
(Daily prices for the last 3 months), if you wish to view more than 3 months price history you may export the file
DATE
BID PRICE
ASK PRICE
ASK YIELD (MATURITY)
14 Oct 202699.26899.3834.855
13 Oct 202699.20499.3204.899
12 Oct 202699.21899.3354.887
11 Oct 202699.17399.2884.920
08 Oct 202699.16699.2824.924
07 Oct 202699.14499.2614.938
06 Oct 202699.23299.3504.871
05 Oct 202699.21099.3274.887
04 Oct 202699.23499.3524.868
01 Oct 202699.22999.3484.870
Total of 67 entries
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FSM Global strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.
Credit Rating

There are no credit rating changes for this bond for the past 3 years.

Related Documents
pdfIcon
Pricing Supplement
Issue of U.S.$500,000,000 4.403 per cent. Notes due 2028. Pricing Term Sheet.
pdfIcon
Offering Circular
USD 30,000,000,000 Global Medium Term Note Programme. Offering Circular dated 11 March 2025.
Related Bonds
BOND NAME

ISSUER

MATURITY DATE / NEXT CALL DATE
ASK PRICE
ASK YTM / YTW
BOND CREDIT RATING (S&P/FITCH)
action
DBSSP 5.491% 16Oct2031 Corp (USD)

DBS Group Holdings Limited

 15 Oct 2031 100.920 5.279% p.a. ***/AA-
TRANSACT
DBSSP 5.284% 16Oct2029 Corp (USD)

DBS Group Holdings Limited

 15 Oct 2029 100.592 5.068% p.a. ***/AA-
TRANSACT
DBSSP 1.194% 15Mar2027 Corp (USD)

DBS Group Holdings Limited

 14 Mar 2027 98.663 4.546% p.a. ***/AA-
TRANSACT
Total of 3 entries
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FSM's Fees
For more information, please refer to the Pricing Structure
For each Buy & Sell Order (Retail^, Wholesale, Bond Express)
Processing Fee
0.35% / Min. SGD 10*
Platform Fee
0.05% per quarter
Other Charges
Goods & Services Tax (GST)
9% (GST is applicable to Singaporean residents on FSM’s fee)
Order Processing Time
Buy Wholesale Bonds / SGS Bonds / Retail (All payment type)
Generally T+2 business days upon payment clearance
Sell Wholesale Bonds / SGS Bonds / Retail Bonds
Generally T+2 business days (Redemption proceeds will be credited on next day)
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Remark

  1. *Processing fee is subjected to a minimum of SGD 10 (or in its equivalent currency).
  2. ^ For the purchase of the Retail Bonds, FSM Global will be absorbing SGX related Charges, till further notice.
  3. T = Transaction Date
    The Order processing time refers to the order completion and reflected in your account.
    ^The Purchase date will be based on T date

Platform Charge
  1. For the purpose of benefiting from lower rates based on higher investment holding tiers, the effective platform fee rate is based on the total combined holdings of all FSM accounts under main account holder (including beneficiary accounts), while Stock / ETF / Cash Account holdings are excluded from the combined holdings amount.
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Note
  1. All fees and commission quoted are exclusive of Goods and Services Tax (GST).
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Potential Income Explained
EDIT
Est. Payable Amount
USD 1,668.06
Years to Maturity
1 years 4+ months
Est. Total Income
USD 13,209.00
Yield to Maturity
-
Indicative Cash Flow
Nominal Value
USD 200,000.00
  • 2028
    Mar
    Coupon
    USD 4,403.00
    Maturity
    USD 200,000.00
  • 2027
    Sep
    Coupon
    USD 4,403.00
  • Mar
    Coupon
    USD 4,403.00
Disclaimer: Cash flow calculations are computed based on current coupon rate till next possible call or maturity date. Figures reflected are indicative and subjected to changes in case of any corporate actions.
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