RI bank rated BBB-plus

Wed, 21 Sep 1994 | Source: AFP

TOKYO (AFP): Japan Credit Rating Agency Ltd. assigned yesterday a triple-B plus credit rating to PT Bank Ekspor Impor Indonesia's recent five-year bond issue for US$59 million.

The Sept. 14 issue carries a coupon of 1.2 percent over the six-month London Inter-Bank Offer Rate (Libor), which is currently around 5.5 percent.

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