Dah Sing Bank "Retail Certificates of Deposit" |
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HKD
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Period
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Interest Rate
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Coupon Rate of
"HKD Retail Certificates of Deposit"
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First year
(June 3, 2005
to June 4, 2006)
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2.70% p.a.
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| Second year
(June 5, 2006
to June 3, 2007)
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2.70% p.a.
(If Dah Sing Bank
does not exercise its call option)
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| Deposit Period of the Issue |
2 Years |
| Interest Payment |
Payable every 3 months |
Issue
Amount |
HK$100,000,000 |
| Minimum Denomination |
HK$50,000 |
| Subscription Fee |
0.15% on Subscription Amount |
| Subscription Period |
From May 5, 2005 to June 1, 2005 |
| Subscription Channel |
Any of Dah Sing Bank's
branches or the 15 VIP Banking Service Centres or call
2828 8001 for subscription details and copy of the CD Term
Sheet |
| Rating of Issuer |
The Issuer is rated [P-2 short-term] and [Baa1
long term] by Moody's Investor Service Inc. and [F-2 short-term]
and [A-minus long term] by Fitch Ratings Limited |
| Other Banking Privileges |
Customers subscribing Retail Certificates of
Deposit can enjoy a series of banking privileges :
1. Full Waiver of Certificates of Deposit Subscription
Fee
Customers who subscribe the Retail Certificates of Deposit
(CD) and mutual funds at the same time can enjoy Retail
CD subscription fee waiver of 0.15%.
2. A Pre-Approved Dah Sing Credit Card
3. Standby Credit Facility
- Max Loan Ratio : 90% of the CD face value or market value
 (whichever
is lower)
- Interest Rate : at Prime - 0.25%
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Public subscription for the HKD RCD will be on
a first-come-first-serve basis. Customers can subscribe and obtain
relevant Term Sheet through any one of Dah
Sing's branches or the 15 VIP Banking Service Centres. For more
details, please call 2828 8001.
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For more information, please call 2828
8001
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