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 firstname.lastname@example.org
To contact the editor responsible for this story: Michael Shanahan at email@example.com