Someone asked me whether DBS High Notes 10 was safe. I haven’t read the prospectus or pricing statement of High Notes 10 yet, but apparently DBS posted a FAQ on the High Notes 10 a few days ago.
The High Notes 10 FAQ highlights the risk of this product. The capital of investors will be severely affected should something (along the likes of bankruptcy) happens to one of these two companies:
The buyback price of High Notes 10 can be found on the DBS website. This mark-to-market price is quoted on a daily basis and is affected by a few factors, including:
Redemption of High Notes 10 is available on a daily basis until further notice.