HONG KONG (Standard&Poor's) Sept. 7, 2010--Standard&Poor's Ratings Services said today that it had assigned its 'AA-' long-term and 'A-1+' short-term issue ratings to the US$10 billion debt issuance program of DBS Bank Ltd. (AA-/Stable/A-1+; ASEAN regional scale rating: axAAA/--/axA-1+). The bank launched the program in June 2010. The program's notes will constitute direct, unsecured and unsubordinated obligations of DBS Bank and rank at least equally with all of the bank's other unsecured and unsubordinated obligations. The notes may be issued in any currency, and may bear fixed- or floating-rate interest. The notes may have a maturity of one month or longer. DBS Bank will use the proceeds from the issues for general business purposes. The ratings
