Double No Touch Currency Investment

Double No Touch Currency Linked Structured Investment allows you to earn a higher interest rate depending on the exchange rate of the Linked Currency Pair.You can earn a higher interest if Barrier Event has not occurred. If Barrier Event has occurred, you will receive a Lower Interest Rate. A Barrier Event shall occur if the Spot Rate is at or above the Upper Barrier Rate or is at or below the Lower Barrier Rate at any time during the Monitoring Period.

Highlights

Grow your wealth and receive a higher interest rate than the regular deposit rate while subject to a higher risk

Choose from a wide selection of investment currencies

Receive 100% of the Principal Amount in Investment Currency on the Maturity Date if you hold the product up to the Maturity Date

You will receive your interest and 100% principal amount on the maturity date if there is no Alternate Currency Event Designation by the Bank. If an Alternative Currency Event happens or the Bank becomes insolvent or defaults on its obligations, you may not get back anything and suffer total loss of your principal amount.

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Trade Date	24-Feb-2023
Value Date	28-Feb-2023
Determination Date	29-May-2023
Maturity Date	31-May-2023
Tenor	92-day
Principal Amount	HKD
Settlement Currency	HKD
Linked Currency Pair	USD/CAD
Lower Barrier Rate	1.30
Upper Barrier Rate	1.38
Higher Interest Rate	5.0% p.a.
Lower Interest Rate	1.1% p.a.
Risk Rating: 1

Rationale

This product is suitable for conversative clients who are looking for short-tenored 100% Min Redemption at Maturity investments.
Client takes potential of getting higher yield than a normal time deposit if the linked currency pair exchange rate remains within the barriers.
USD/CAD is supported by risk-off sentiment and the repricing of Fed rate hikes.
However, USD/CAD’s upside is also capped amid oil price rally (Russia plans to cut oil output) and Canada’s strong jobs data (may prevent Bank of Canada from pausing rate hike)
Worst case scenario coupon floored at 1.1% p.a..

Please get in touch with your Relationship Manager for the latest prices!

All Pricing shown is purely indicative.

Please refer to the product offering documents for detailed product terms, information and risks.To understand more, please contact your DBS Treasures Relationship Manager or visit any of our branches.

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Important Facts

Risk Disclosures and Important Notice Double No Touch Currency Linked Structured Investment Product ("the Product") is a structured product involving derivatives ("the Product"). The investment decision is yours but you should not invest in the Product unless DBS Bank (Hong Kong) Limited (星展銀行(香港)有限公司) (“the Bank”) who sells the Product to you has explained to you that the Product is suitable for you having regard to your financial situation, investment experience and investment objectives.Investment involves risks. It does not constitute any offer or solicitation of offer to subscribe, transact or redeem any investment product. Past performances are not indicative of future performances. You should carefully read the product offering documentation, the account terms and conditions and the product terms and conditions for detailed product information and risk factors prior to making any investment. If you have any doubt on this material or any product offering documentation, you should seek independent professional advice.The Product is unlisted and no early uplift, early withdrawal or early termination by investors is permitted. The investor has to maintain the Product with the Bank up to the Maturity Date. The investment is subject to the credit and insolvency risks of the issuer. Investing in the Product is not the same as investing in its reference assets.Foreign exchange involves risks. Customers should note that foreign exchange may incur loss due to the fluctuation of exchange rate.RMB currently may not be freely convertible and is subject to exchange controls and restrictions. There is no guarantee that RMB will not depreciate. If you convert Hong Kong Dollar or any other currency into RMB so as to invest in a RMB product and subsequently convert the RMB sale proceeds back into Hong Kong Dollar or any other currency, you may suffer a loss if RMB depreciates against Hong Kong Dollar or other currency.The Product is not principal protected, customer could lose the entire principal amount in the worst case scenario. The Product carries risks not normally associated with ordinary bank deposits, and is NOT equivalent to a time deposit. You should therefore not treat the Product as a substitute for ordinary savings or time deposits. The Product is NOT a protected deposit and is NOT protected by the Deposit Protection Scheme in Hong Kong.

Double No Touch Currency Investment

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