Bond DBS Bank 0% ( XS1221721639 ) in USD
| Issuer | DBS Bank | ||||||||
| Market price | |||||||||
| Country | Singapore
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| ISIN code |
XS1221721639 ( in USD )
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| Interest rate | 0% | ||||||||
| Maturity | 29/04/2045 | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 100 000 USD | ||||||||
| Total amount | 100 000 000 USD | ||||||||
| Detailed description |
DBS Bank is a multinational banking and financial services corporation headquartered in Singapore, offering a wide range of services including consumer banking, wealth management, and corporate banking across Asia and internationally. This financial analysis focuses on the bond identified by ISIN XS1221721639, issued by DBS Bank, a leading financial services group headquartered in Singapore and recognized as one of Asia's foremost banks due to its robust financial standing and extensive regional operations, a significant issuer of debt instruments globally. The bond, denominated in US Dollars, represents a substantial total issue size of 100,000,000, with a minimum subscription amount of 100,000. Notably, this particular obligation features a 0% interest rate, characteristic of a zero-coupon bond, where the investor's return is typically derived from the discount at which the bond is acquired relative to its face value paid at maturity. While zero-coupon bonds are typically issued at a discount, this instrument is currently observed trading at 100% of its par value on the market. Issued from Singapore, the bond has a long-term maturity date of April 29, 2045, a characteristic that, combined with its 0% coupon rate and current par pricing, results in a unique investment profile implying a 0% yield to maturity for current purchasers, despite an indicated semi-annual payment frequency which, for a zero-coupon instrument, would not pertain to conventional interest payments. |
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