OCBC Bank
OCBC Group

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Shareholder Information

Shareholder Information - Fixed Income Securities

Preference Shares and Bonds
Level Currency Name
Tier 1 SGD OCBC Class B 5.1% Non-convertible Non-cumulative Preference Shares
Tier 1 SGD OCBC Class G 4.2% Non-convertible Non-cumulative Preference Shares
Tier 1 SGD OCBC Class M 4.0% Non-convertible Non-cumulative Preference Shares
Tier 1 SGD OCC 3.93% Non-convertible Non-cumulative Guaranteed Preference shares
Tier 1 SGD OCC 5.1% Non-convertible Non-cumulative Guaranteed Preference Shares
Lower Tier 2 RM OCBC 4.60% Subordinated Notes due 2018 Callable with Step-up in 2013
Lower Tier 2 RM OCBC 4.60% Subordinated Notes due 2018 Callable with Step-up in 2013
Lower Tier 2 SGD OCBC 5.60% Subordinated Notes due 2019 Callable with Step-up in 2014
Lower Tier 2 USD OCBC 4.25% Subordinated Notes due 2019 Callable with Step-up in 2014
Lower Tier 2 USD OCBC 3.75% Subordinated Notes due 2022 Callable with Step-up in 2017
Lower Tier 2 USD OCBC 3.15% Subordinated Notes due 2023 Callable with Step-up in 2018

OCBC Class B 5.1% Non-Convertible Non-Cumulative Preference Shares
Level (currency) Shares issued Issue price Issue date Listing date (SGX) Liquidation preference
Tier 1 (SGD) 10,000,000 S$100 each 29 July 2008 30 July 2008 S$100
Maturity Dividend Payment dates Credit ratings
Perpetual 5.1% a year (net) 20 June & 20 December Moody's
A3 (hyb)		 Fitch
A		 S&P
BBB+
Redemption
OCBC Bank may, at its option, redeem in whole, but not in part, the preference shares on:

1. 29 July 2013
2. On each dividend date after 29 July 2013

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OCBC Class G 4.2% Non-Convertible Non-Cumulative Preference Shares
Level (currency) Shares issued Issue price Issue date Listing date (SGX) Liquidation preference
Tier 1 (SGD) 245,830,884* S$0.995 14 July 2003 21 July 2003 S$1.00
Tier 1 (SGD) 150,000,000** S$1.0027 6 August 2003 7 August 2003 S$1.00
Maturity Dividend Payment dates Credit ratings
Perpetual 4.2% p.a. (net) 20 June & 20 December Moody's
A3 (hyb)		 Fitch
A		 S&P
BBB+
Redemption
OCBC Bank may, at its option, redeem in whole, but not in part, the preference shares on:

1. 14 January 2009
2. 14 July 2013
3. On each dividend date after 14 July 2013

* Issued to OCBC stockholders who opted to receive these preference shares in lieu of a special cash dividend
** Issued by way of private placement


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OCBC Class M 4.0% Non-Convertible Non-Cumulative Preference Shares
Level (currency) Shares issued Issue price Issue date Listing date (SGX) Liquidation preference
Tier 1 (SGD) 1,000,000,000 S$1 each 17 July 2012 18 July 2012 S$1.00
Maturity Dividend Payment dates Credit ratings
Perpetual 4.0% p.a. (net) 20 June & 20 December Moody's
A3 (hyb)		    
Redemption
OCBC Bank may, at its option, redeem in whole, but not in part, the preference shares on:

1. 17 January 2018
2. 17 July 2022
3. On each dividend date after 17 July 2022

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OCC 3.93% non-convertible non-cumulative guaranteed preference shares
Level (currency) Number of shares issued Issue price Issue date Listing date (SGX) Liquidation preference
Tier 1 (SGD) 4,000,000 S$100 2 February 2005 3 February 2005 S$100
Dividend Payment Dates
Before 20 March 2015: 3.93% p.a.
Thereafter: 3-Month Singapore swap offer rate plus 1.85%		 On / Before 20 March 2015: 20 March & 20 September
Thereafter: 20 March , 20 June, 20 September & 20 December
Issuer Guarantor Maturity Credit Ratings
OCBC Capital Corporation# OCBC Bank Perpetual Moody's
A3 (hyb)		 Fitch
A		 S&P
BBB+
Redemption
OCBC Bank may, at its option, redeem in whole, but not in part, the Preference Shares on:

1. 20 March 2015
2. On each dividend date after 20 March 2015

# Wholly-owned subsidiary of OCBC Bank


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OCC 5.1% Non-Convertible Non-Cumulative Guaranteed Preference Shares
Level (currency) Number of shares issued Issue price Issue date Listing date (SGX) Liquidation preference
Tier 1 (SGD) 15,000,000 S$100 27 August 2008 28 August 2008 S$100
Dividend Payment dates
Before 20 September 2018: 5.1% a year
Thereafter: 3-month Singapore swap offer rate plus 2.5%		 On / before 20 September 2018: 20 March & 20 September
Thereafter: 20 March , 20 June, 20 September & 20 December
Issuer Guarantor Maturity Credit ratings
OCBC Capital Corporation (2008)# OCBC Bank Perpetual Moody's
A3 (hyb)		 Fitch
A		 S&P
BBB+
Redemption

OCBC Bank may, at its option, redeem in whole, but not in part, the preference shares on:

1. 20 September 2018
2. On each dividend date after 20 September 2018

# Wholly-owned subsidiary of OCBC Bank


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OCBC 4.60% subordinated notes due 2018 callable with step-up in 2013
Level (currency) Amount issued Issue price Issue date Maturity date
Lower tier 2 (RM) RM 1 billion 100% 27 March 2008 27 March 2018
Interest Payment date Credit ratings
Before 27 March 2013: 4.6% a year
Thereafter: 5.6% a year		 27 March & 27 September Moody's
Aa2		 Fitch
A+		 S&P
A+		 MARC
AAA

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OCBC 4.60% subordinated notes due 2018 callable with step-up in 2013
Level (currency) Amount issued Issue price Issue date Maturity date
Lower tier 2 (RM) RM600 million 100% 6 June 2008 6 June 2018
Interest Payment date Credit ratings
Before 6 June 2013: 4.6% a year
Thereafter: 5.6% a year		 6 June & 6 December Moody's
Aa2		 Fitch
A+		 S&P
A+		 MARC
AAA

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OCBC 5.60% subordinated notes due 2019 callable with step-up in 2014
Level (currency) Amount issued Issue price Issue date Maturity date
Lower tier 2 (SGD) S$712 million 100% 27 March 2009 27 March 2019
Interest Payment date Credit ratings
Before 27 March 2014: 5.6% a year
Thereafter: 7.35% a year		 27 March & 27 September Moody's
Aa2		 Fitch
A+		 S&P
A+

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OCBC 4.25% subordinated notes due 2019 callable with step-up in 2014
Level (currency) Amount issued Issue price Issue date Maturity date
Lower tier 2 (USD) US$500 million 99.889% 18 November 2009 18 November 2019
Interest Payment date Credit ratings
Before 18 November 2014: 4.25% a year
Thereafter: fixed rate equal to the relevant 5-year US Treasury
benchmark rate plus 2.997%		 18 May & 18 November Moody's
Aa2		 Fitch
A+		 S&P
A+

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OCBC 3.75% subordinated notes due 2022 callable with step-up in 2017
Level (currency) Amount issued Issue price Issue date Maturity date
Lower tier 2 (USD) US$500 million 99.367% 15 November 2010 15 November 2022
Interest Payment date Credit ratings
Before 15 November 2017: 3.75% a year
Thereafter: floating rate a year equal to 3-month LIBOR plus 1.848%		 15 May & 15 November Moody's
Aa2		 Fitch
A+		 S&P
A+

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OCBC 3.15% subordinated notes due 2023 callable with step-up in 2018
Level (currency) Amount issued Issue price Issue date Maturity date
Lower tier 2 (USD) US$1 billion 99.905% 11 September 2012 11 March 2023
Interest Payment date Credit ratings
Before 11 March 2018: 3.15% a year
Thereafter: US Dollar swap rate plus 2.279%		 11 March & 11 September Moody's
Aa2		 Fitch
A+		  

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