DBS Sells US$1 Billion, 5-Year Bonds

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SINGAPORE (Dow Jones) DBS Bank Ltd. sold US$1 billion in five-year bonds on healthy demand Tuesday, marking the first overseas senior note bond by a Singapore bank.
Southeast Asia's largest bank by assets priced debt to yield 100 basis points over five-year U.S. Treasurys, at the tight end of the 100- to 105-basis-point price guidance it offered earlier in the one-day launch, said people familiar with the deal. Full story

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