DBS Bonds Said to Yield About 262.5 Basis Points Over Treasuries

DBS Bank Ltd.’s planned sale of subordinated bonds may be priced to yield 262.5 basis points more than five-year Treasuries, according to a person with knowledge of the deal.

The notes were initially marketed with a spread of 270 basis points.

To contact the reporter on this story: Rachel Evans in Hong Kong at revans43@bloomberg.net

To contact the editor responsible for this story: Michael Shanahan at mshanahan3@bloomberg.net

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