This press release announces on December 17, 1996, that the International Finance Corporation (IFC) has launched a South African Rand (ZAR) bond issue amounting to ZAR 100 million (approximately US$21.1 million) through its Euro Medium-Term Note Program. The 2-year bonds have an annual coupon rate of 15.50 percent and an issue price of 100.625 percent. The proceeds will be converted into U.S. dollar floating-rate funds. Hambros Bank Limited, London...
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1996/12/17
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Announcement
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195685
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1
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2024/12/17
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Disclosed
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Announcement of IFC Launches South African Rand Notes Offering on December 17, 1996
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Citation
World Bank.
Announcement of IFC Launches South African Rand Notes Offering on December 17, 1996 (English). IFC Press Release Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099815412172438922