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CIH Bank bond subscription to end Dec 30

CIH Bank bond subscription to end Dec 30
CIH
CIH
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Subscription for the bonds of Morocco’s CIH Bank has started on Friday, December 26, 2014 and is projected to continue until Tuesday, December 30, 2014.

Such subscription aims to enable the Bank to raise nearly MAD 1 billion ($111 million) on Casablanca Stock Exchange (CSE), reported Morocco World News.

It should be noted that investors will choose between fixed income instruments and variable rate products.

Photo Credit: Arabianeye-Reuters