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Published on 6/11/2007 in the Prospect News Emerging Markets Daily.

First Rand Bank launches five-year eurobond

By Aaron Hochman-Zimmerman

New York, June 11 - First Rand Bank issued guidance of euribor plus 50 to 55 basis points for its upcoming five-year eurobond, according to a market source.

Citigroup and RBS will be the bookrunners.

First Rand Bank is a Sandton, South Africa-based investment and commercial bank.


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