A $25,000 bond with a 3% interest rate and a 0.9% rate on a 10-year bond is now available from ICICI Bank.
ICICI bank is offering a $25-million bond with an interest rate of 3.99% and a 10% coupon.
The bond has an interest-only maturity of five years and has a 10 basis point yield.
It is available at the Halifax branch of ICICIs bank.
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