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Bank of China

Issue signed

PUBLISHED : Friday, 25 October, 1996, 12:00am
UPDATED : Friday, 25 October, 1996, 12:00am

Bank of China's Hong Kong branch says the formal signing of its $4 billion floating rate certificates of deposit issue was completed yesterday.


The issue has a maturity of five years and carries an interest rate of 35 basis points over the one-month Hong Kong Interbank Offered Rate.