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DBS' inaugural RMB bond popular with Asia private banking clients

With an order book of close to RMB2 billion (US$326 million) – close to four times subscribed – and an overall allocation of 12% to private banking clients, DBS Bank’s inaugural RMB bond issuance has generated strong interest amongst high net worth investors in both Hong Kong and Singapore. According to DBS, investors in Hong Kong were allocated 51% of…

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