Friday 29 Mar 2024
By
main news image

SINGAPORE (May 31): DBS has priced a S$15 million digital bond, the first security token offering (STO) on the DBS Digital Exchange (DDEx) which launched last December.

The six-month digital bond has a coupon rate of 0.6% per annum, and was done through a private placement. DBS is the sole bookrunner for the transaction.

According to DBS, the digital adheres to the current bond legal framework, thereby according investors the same legal certainties and...(click on link for full story on theedgesingapore.com)

      Print
      Text Size
      Share