Published on 2/7/2006 in the Prospect News Emerging Markets Daily.
New Issue: Peru's Mibanco prices $5 million CDs at 94.9375 to yield 5.3325%
By Caroline Salls
Pittsburgh, Feb. 7 - Mibanco made the fifth issue under its first program of certificates of deposit, selling $5 million of the CDs at 94.9375 to yield 5.3325%, according to a Tuesday news release.
Mibanco is a Lima, Peru, microfinance institution.
Issuer: | Mibanco
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Issue: | Certificates of deposit
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Amount: | $5 million
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Maturity: | Feb. 2, 2007
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Price: | 94.9375
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Yield: | 5.3325%
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Pricing date: | Feb. 6
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Settlement date: | Feb. 7
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