Structured notes

Earn from asset-linked investments, without the direct purchase of underlying assets

Why you will love this

Smart downside protection, even in volatile markets

Higher yield, tailored to your strategy

Get access to more than just stocks and bonds

Who can apply

Individuals

Pricing varies depending on tenure, investment amount and market conditions. T&Cs apply. Being one of the leading banks in Asia, OCBC is poised to help deliver the best possible pricing available to you.

Features and benefits
Diversify and optimise your portfolio

Diversification and market exposure

Gain exposure to varied asset classes for diversification of your portfolio beyond traditional investments.

Gain exposure to varied asset classes for diversification of your portfolio beyond traditional investments.

Expert insights backed by a top-tier research team

Tap into growing markets and safeguard against downturns

Structured notes with low strike prices return their principal and a coupon even if the price of the underlying assets decline, as long as they remain above the strike prices. If price of the underlying assets exceed the initial price at maturity, investors earn from added gains.

Structured notes with low strike prices return their principal and a coupon even if the price of the underlying assets decline, as long as they remain above the strike prices. If price of the underlying assets exceed the initial price at maturity, investors earn from added gains.

Customised investment strategies

Customised investment strategies

Whether it's capital protection, enhanced yield or strategic market exposure — our structured notes help you flexibly optimise returns and manage risks, all according to your investment goals.

Whether it's capital protection, enhanced yield or strategic market exposure — our structured notes help you flexibly optimise returns and manage risks, all according to your investment goals.

Risk-managed solutions

Risk-managed solutions

Risk management is at the core of our solutions. Our structured notes include a protection mechanism that helps businesses and individuals navigate market volatility without unnecessary exposure.

Risk management is at the core of our solutions. Our structured notes include a protection mechanism that helps businesses and individuals navigate market volatility without unnecessary exposure.

how it works

Structured notes are financial instruments where the performance or value depends on how well an underlying asset, product, or index does. New to structured notes? Watch the video below to learn more.

illustrative example

Here's what a Bond Linked Convertible Note (BLCN) could look like.

Reference underlying asset U.S. Treasury 10yr Bond
Principal amount USD 200,000
Tenor 6 months
Interest 6.0% p.a. (1.5% paid quarterly)
Initial bond price USD 100
Clean strike price 99.0% of initial bond price

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Total payout

SGD 200,000

Principal sum returned

+

SGD 6,000

Total interest payout

=

SGD 206,000

Total payout

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Total payout

SGD 201,000

Value of bonds returned

+

SGD 5

Residual cash received

+

SGD 6,000

Total interest payout

=

SGD 207,005

Total payout

*Dirty strike price
= clean strike price + accrued interest
= 99.0% + 0.5%
= 99.5%

#Value of bonds received
= initial principal amount / dirty strike price
= USD 200,000 / 99.5%
= USD 201,000 (rounded to nearest 100)

^Residual cash amount
= value of bonds converted at dirty strike price – value of bonds received
= USD 201,005 – USD 201,000
= USD 5

our awards and accolades
Alpha Southeast Asia 18th Annual Treasury & FX Awards 2025

Alpha Southeast Asia 18th Annual Treasury & FX Awards 2025

Best FX Bank for Corporates & Fls
(2014 - 2025: 12th consecutive win)

Best FX Bank for Corporates & Fls
(2014 - 2025: 12th consecutive win)

Alpha Southeast Asia 18th Annual Treasury & FX Awards 2025

Alpha Southeast Asia 18th Annual Treasury & FX Awards 2025

Best online FX Platform: End-to-end e-trading and eFX platform
(2022 - 2025: 4th consecutive win)

Best online FX Platform: End-to-end e-trading and eFX platform
(2022 - 2025: 4th consecutive win)

FX Markets Asia Awards 2025

FX Markets Asia Awards 2025

Best Asia FX trading venue for retail clients
(2022 - 2025: 4th consecutive win)

Best Asia FX trading venue for retail clients
(2022 - 2025: 4th consecutive win)

CorporateTreasurer Awards 2025

CorporateTreasurer Awards 2025

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Best ESG Initiative

CorporateTreasurer Awards 2025

CorporateTreasurer Awards 2025

Best for Digital Solutions
(2023 - 2024: 2nd consecutive win)

Best for Digital Solutions
(2023 - 2024: 2nd consecutive win)

Asia Risk Awards 2024

Asia Risk Awards 2024

Derivatives house of the year Singapore
(2016 - 2020, 2022- 2024: 3rd consecutive win)

Derivatives house of the year Singapore
(2016 - 2020, 2022- 2024: 3rd consecutive win)

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