DBS to redeem 3.1% $1b bonds

The notes are initially due 2023.

DBS will redeem its 3.1$ $1b bonds that are initially due 2023 on 18 February 2018.

According to an announcement, the redemption price for the notes will be $250,000 per calculation amount, together with any unpaid interest accrued.

The notes will then be cancelled and delisted from the Singapore Exchange Securities Trading Limited (SGX-ST).

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