DBS Crypto Put Note

Earn enhanced yield via a DBS-issued structured note linked to BTC or ETH performance, with flexible strike levels and fixed coupons.

Product Type

Structured Note

Target Returns

Up to 19.7% p.a.

Tenor

3 months

Min. Investment

USD 100,000

Investment Highlights

A structured note issued by DBS Bank that offers an enhanced yield based on the price performance of either Bitcoin (BTC) or Ethereum (ETH), subject to the credit risk of DBS Bank (AA-rated).

Yield & Principal at Maturity

  • Investors receive a fixed coupon payment, providing a yield of 5.6% – 19.7% p.a. (which translates to 1.4% – 4.925% for the 3-month term).
  • If the final price of the chosen crypto is at or above the Strike Price, the investor receives 100% of their principal in USD plus the fixed coupon.
  • If the final price is below the Strike Price, the investor receives the physical equivalent of their principal in the chosen crypto (purchased at strike price) plus the fixed coupon in USD.

Customisable Yield

  • Yield is determined by the selected underlying asset (BTC or ETH) and the chosen Put Strike level (e.g., 70% or 80% of the initial spot price).
  • This Note is suitable for investors who are neutral to moderately bullish on BTC or ETH and wish to earn an enhanced yield, while being willing to acquire the underlying cryptocurrency if its price falls below the strike level.

About DBS Bank Ltd

DBS Bank Limited is a Singaporean multinational banking and financial services corporation. It is one of the “Big Three” local banks in Singapore, along with Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank (UOB). DBS is the largest bank in Southeast Asia by assets and among the largest banks in Asia, with assets totaling S$739 billion as of 31 December 2023. It also holds market-dominant positions in consumer banking, treasury and markets, securities brokerage, equity and debt fund-raising in other regions aside from Singapore, including in China, Hong Kong, Taiwan and Indonesia.