HSBC Bank Sells 23 Million Rand of 6.18% Uridashi Notes
The following uridashi bond went on sale. Uridashi bonds are debt issued in the euromarket and sold mainly to Japanese individual investors.
Issuer: HSBC Bank plc Amount: 23 million South African Rand Coupon: 6.18 percent Duration: Four years Sales period: Jan. 31 - Feb. 22 Settlement date: Feb. 24, 2012 Maturity: Feb. 24, 2016 Uridashi Manager: SBI Securities Co.
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