DBSSP 1.822% 10Mar2031 Corp (USD)

Bond Factsheet

Matured/ Called

DBS Group Holdings Limited

Indicative

Full Lot

Bid Price

100.034

Change in Bid Price

Bid Yield (%)

Change in Bid Yield

Ask Price

100.068

Change in Ask Price

Ask Yield (%)

Change in Ask Yield

Indicative price as of 10 Mar 2026, 12:00am

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Bond Information

DBS Group Holdings Limited and its subsidiaries provide a variety of financial services. The Company offers services including mortgage financing, lease and hire purchase financing, nominee and trustee, funds management, corporate advisory and brokerage . DBS Group also acts as the primary dealer in Singapore government securities.

Bond Issuer

DBS Group Holdings Limited

Guarantor

Announcement Date

01 Mar 2021

Issue Date

10 Mar 2021

Maturity Date

10 Mar 2031

Years to Maturity / Next Call

4.429 / -

Modified Duration

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

1.822

Coupon Type

Variable

Annual Coupon Rate

1.822

Coupon Frequency

Semi Annually

Seniority

Subordinated

Capital Structure

Tier 2

Reference Rate

Reset Date: 10 Mar 2026
Reset Rate: 5Y UST Rate + Initial Margin (1.100%)

ISIN

XS2310058891

CUSIP

BO3306350

Bond Currency

USD

Total Issue Size

500,000,000

Min. Investment Quantity (Nominal)

USD 200,000

Incremental Quantity (Nominal)

USD 1,000

Bond Type

Corporate

Bond Sector

Financials

Bond Sub Sector

Banks

Issuer Credit Rating (S&P/ Fitch)

***/ AA-

Bond Credit Rating (S&P/ Fitch)

***/ A

Shariah Compliant

Exchange Listed

SGX

Bond Feature(s)

Loss Absorption

Tier 2

Loss Absorption upon a Trigger Event and Bail-in Power in respect of Subordinated Notes

Any Write-off of any Subordinated Notes or any cancellation, modification, conversion or change in form as a result of the exercise of the MAS' powers under Division 4A of Part IVB of the MAS Act under this Condition 6 with respect to the clearing and/or settlement of any Subordinated Notes is subject to the availability of procedures to effect any such Write-off or such cancellation, modification, conversion or change in form in the relevant clearing system(s). For the avoidance of doubt, however, any Write-off of any Subordinated Notes, or the giving of effect of a Bail-in Certificate with respect to the Issuer under this Condition 6 will be effective upon the date that the Issuer specifies in the Trigger Event Notice or in the notice of issue of a Bail-in Certificate (or as may otherwise be notified in writing to Subordinated Noteholders, the Trustee and Agents by the Issuer) notwithstanding any inability to operationally effect any such Write-off or any cancellation, modification, conversion or change in form as a result of the exercise of the MAS' powers under Division 4A of Part IVB of the MAS Act in the relevant clearing system(s).

Bail-in Power in respect of Subordinated Notes

(i) Notwithstanding any other term of the Subordinated Notes, including without limitation Condition 6(a) or 6(b), or any other agreement or arrangement, the Subordinated Notes may be subject to cancellation, modification, conversion, change in form, or have the effect as if a right of modification, conversion, or change of form had been exercised by the MAS in the exercise of the MAS’ powers under Division 4A of Part IVB of the MAS Act without prior notice. The Trustee (on behalf of the holders of Subordinated Notes) and each holder of a Subordinated Note shall be subject, and shall be deemed to agree, to be bound by and acknowledge that they are each subject to, having the Subordinated Notes being the subject of the exercise of the MAS’ powers under Division 4A of Part IVB of the MAS Act. Further, the Trustee (on behalf of the holders of Subordinated Notes) and each holder of a Subordinated Note shall be deemed to agree to be bound by a Bail-in Certificate.

Issuer Call

Subject to Condition 5(k), and unless otherwise specified in the Pricing Supplement, if Call Option is specified hereon, DBS Bank may, on giving not less than 10 days' irrevocable notice to the Noteholders, elect to redeem all, but not some only, of the DBS Bank Subordinated Notes on the relevant date(s) specified hereon (which shall not be less than five years from the Issue Date) (the "DBS Bank Subordinated Notes Optional Redemption Dates") at their Optional Redemption Amount specified hereon or, if no Optional Redemption Amount is specified hereon, at their nominal amount together with interest accrued but unpaid (if any) to (but excluding) the date fixed for redemption in accordance with these Conditions.

Optional Redemption Date: 10 March 2026 (the “Call Date”)

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