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BRIEF-China Banking to issue and raise up to 20 bln pesos long-term negotiable certificates of time deposits
November 7, 2016 / 1:32 AM / in a year

BRIEF-China Banking to issue and raise up to 20 bln pesos long-term negotiable certificates of time deposits

Nov 7 (Reuters) - China Banking Corp

* China banking corp-to issue and raise up to 20 billion pesos long-term negotiable certificates of time deposits to support its strategic initiatives

* China banking - initial offering of at least 5 billion pesos will be raised with a fixed rate and a maturity of 5 years and six months from issue date

* China banking -long-term negotiable certificates of time deposits will be offered at a rate of 3.25 percent per annum, payable quarterly Source text for Eikon: Further company coverage:

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