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SCMP Reporter

China Trust Commercial Bank's US$150 million floating rate certificates of deposit issue is expected to be launched today. The facility has a tenor of five years and pays a coupon of 25 basis points over the London Interbank Offered Rate. Arrangers are Bayerische Landesbank Hong Kong, DKB Asia, Sanwa Bank, Mitsubishi Trust, Deutsche Morgan Grenfell and Sakura Bank.



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