262 views

OCBC Bank, ADDX to issue tokenised equity-linked notes

The 3-month fixed notes linked to the shares of a US tech company.

OCBC Bank has partnered with ADDX to distribute Singapore's first tokenised equity-linked structured notes to accredited investors.

The fixed coupon notes, launched in early May, is reportedly the first product issued by a Singapore bank to be distributed on ADDX's platform.

The 3-month fixed tokenised notes are linked to a US-listed tech company's shares and launched at a minimum size of US$50,000 ($67,000).

Tokenised notes could pay regular distributions at pre-defined intervals, provided no trigger events occured according to its terms.

READ MORE: OCBC prices A$1b senior floating rate green notes

They would also present investors with a way to view the underlying security's price movement to generate additional cashflow whilst gaining potential exposure on those securities, according to OCBC.

Follow the links for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Event News

Event News

SBR National Business Awards 2024 Winner: Wiseasy Technology Pte Ltd Cards & Payments
Lay Cheng Tan, Co-Founder & Chief Investment Officer, and Mayank Raheja, Managing Director (EMEA & SA) of Wiseasy Technology Pte Ltd, provided insights into preventing fraud and inefficiency with the WiseQ QR Payment Solution.
Cards & Payments SBR National Business Awards 2024 Winner: Wiseasy Technology Pte Ltd
Lay Cheng Tan, Co-Founder & Chief Investment Officer, and Mayank Raheja, Managing Director (EMEA & SA) of Wiseasy Technology Pte Ltd, provided insights into preventing fraud and inefficiency with the WiseQ QR Payment Solution.