Published on 1/18/2007 in the Prospect News Emerging Markets Daily.
New Issue: Peru's Mibanco prices S/. 15 million series A CDs at 94.6875 to yield 5.6896%
By Caroline Salls
Pittsburgh, Jan. 18 - Mibanco made the first issue of series A certificates of deposit under its second CD program, selling S/. 15 million of the CDs at 94.6875 to yield 5.6896%, according to a company news release.
Mibanco is a Lima, Peru, microfinance institution.
| Issuer: | Mibanco
|
| Issue: | Series A certificates of deposit
|
| Amount: | S/. 15 million
|
| Maturity: | Jan. 9, 2008
|
| Price: | 94.6875
|
| Yield: | 5.6896%
|
| Pricing date: | Jan. 18
|
| Settlement date: | Jan. 19
|
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