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Published on 12/9/2016 in the Prospect News Emerging Markets Daily.

New Issue: India’s Icici, Dubai branch sells ¥10 billion 0.678% five-year bonds

By Marisa Wong

Morgantown, W.Va., Dec. 9 – Icici Bank priced ¥10 billion of five-year fixed-rate notes through its Dubai branch, according to a press release.

The notes carry a coupon of 0.678%.

The notes were sold under the bank’s Tokyo pro-bond program listed on the Tokyo Stock Exchange.

Icici Bank is based in Mumbai.

Issuer:Icici Bank, Dubai branch
Issue:Fixed-rate notes
Amount:¥10 billion
Maturity:Five years
Coupon:0.678%
Announcement date:Dec. 9

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