. Ind Bank issues RMB 4.5 bln 0.25-year CDs

Ind Bank issues RMB 4.5 bln 0.25-year CDs

Sep 17, 2018 (China Knowledge) - Industrial Bank Co., Ltd. has issued RMB 4.5 billion 0.25-year certificate deposits (issue code: 111810446.IB) on the interbank market.

This is a discount bond issued for less than its par value. There is no guarantor for the issuance of the bond. The corporation said in a statement that the bonds were issued at face value.

The issue date and listing date are Sep 14 and Sep 17 respectively, and the maturity date is on Dec 17, 2018.

The coupons of certificate deposits are scheduled to commence on Sep 17.

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Keywords: Ind Bank  111810446.IB  Inter-bank  CDs