DigiFT High Yield Bank Bond Token (HYDB)
HYDB1025
Yield-to-Call
11.425%* (As of 12 Apr 2024)
Coupon rate
6.00%
Next call date
30 Oct 2025
Underlying Asset
Deutsche Bank AG 6.00% Perpetual Bond
1 HYDB1025 effectively represents approximately USD 1,000 Nominal Value of the underlying security.
The underlying security is held by a MAS-licensed custodian.
*Before fees and charges
Investment Highlights
Zero subscription fees
Stablecoin (USDC) accepted
Bankruptcy remote – assets are held by a MAS-licensed custodian
The Issuer
DigiFT Singapore will acquire the underlying assets through a MAS-licensed broker-dealer and hold them with a MAS-licensed custodian.
Disclaimer:
Target return or yield to maturity is not necessarily indicative and does not guarantee actual return. The past performance of HYDB is not necessarily indicative and does not guarantee the future performance of HYDB. This is not an advertisement making an offer or calling attention to an offer or intended offer.
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