Source:
https://scmp.com/article/22741/wing-hang-cd-issueWing Hang in CD issue
WING Hang Bank has concluded its first syndicated certificate of deposit issue, with $250 million of floating rate negotiable CDs maturing March 22, 1996.
The CDs bear a floating annual interest rate of HIBOR (the Hongkong interbank offered rate) plus 60 basis points, payable quarterly in arrears.