In November 2014, CCB Singapore issued several 12-month certificates of deposits, namely:

·         SGD 30 million @ 1.15% coupon maturing 20 November 2015

·         USD 100 million @ 1.30% coupon maturing 10 November 2015

·         CNH 530 million @ 3.15% coupon maturing 9 November 2015

·         CNH 182.50 million @ 3.10% coupon maturing 5 November 2015

·         CNH 150 million @ 2.90% coupon maturing 5 November 2015

The Certificates of Deposits were issued to secure additional lendable funds to our clients, and also act as a source of new liquidity.