Bank completes FRCD issue

PUBLISHED : Thursday, 24 July, 1997, 12:00am
UPDATED : Thursday, 24 July, 1997, 12:00am

The Hongkong Chinese Bank has completed its deal to issue US$135 million of floating rate certificates of deposit due in 2002. The issue was 35 per cent over-subscribed, with participation of 17 international financial institutions.



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Bank completes FRCD issue

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