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24.06.2015 07:52:00
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DBS Bank Ltd. -- Moody's: DBS' first covered bond program opens up low-cost, stable funding source
Singapore, June 24, 2015 -- Moody's Investors Service says that DBS Bank Ltd.'s (Aa1 stable, aa3) issuance of Singapore's first covered bond program provides the bank with a new source of low-cost, stable funding, that could lower funding costs and ensure access to funding even in times of market disruption.
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