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Published on 11/17/2021 in the Prospect News Emerging Markets Daily.

Moody's rates DBS Bank bonds Aaa

Moody's Investors Service said it assigned a definitive Aaa long-term rating to the series 10 mortgage covered bonds issued by DBS Bank Ltd. under its $10 billion global covered bond program.

The series 10 issue consists of £1 billion of floating-rate covered bonds due 2025.

The bonds are backed by Singaporean residential mortgage loans.


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