My first Publication ocbc_ar17_fullreport_english | Page 199

21. DEBT ISSUED (continued)
21.2 FIXED AND FLOATING RATE NOTES (UNSECURED) (continued)
(d) Interest is payable quarterly at the 3-month Bank Bill Swap reference rate plus 1.20% per annum.
(e) Interest is payable quarterly at the 3-month Bank Bill Swap reference rate plus 0.49% per annum.
(f) Interest is payable quarterly at the 3-month Bank Bill Swap reference rate plus 0.45% per annum.
(g) Interest is payable quarterly at the 3-month Bank Bill Swap reference rate plus 0.60% per annum.
(h) Interest is payable quarterly at the 3-month Bank Bill Swap reference rate plus 0.26% per annum.
(i) Interest is payable semi-annually.
(j) Interest is payable annually.
(k) Interest is payable quarterly.
21.3
COMMERCIAL PAPERS (UNSECURED)
GROUP
Note
Issued by the Bank
Issued by Pac Lease Berhad
(a)
(b)
2017
$’000 2016
$’000
21,285,101
95,695
21,380,796 8,484,813
87,606
8,572,419
(a) The commercial papers were issued by the Bank under its USD10 billion ECP programme and USD15 billion USCP programme. The
notes outstanding at 31 December 2017 were issued between 8 March 2017 (2016: 7 July 2016) and 22 December 2017 (2016:
23 December 2016), and mature between 4 January 2018 (2016: 3 January 2017) and 4 October 2018 (2016: 15 November 2017),
yielding between 0.23% and 1.60% (2016: 0.38% and 1.10%).
(b) The commercial papers were issued by the Group’s subsidiary under its MYR500 million 7-year CP/MTN programme expiring in
2018. The notes outstanding as at 31 December 2017 were issued between 9 November 2017 (2016: 10 November 2016) and
22 December 2017 (2016: 28 December 2016), and mature between 4 January 2018 (2016: 5 January 2017) and 22 January 2018
(2016: 27 January 2017), with interest rate ranging from 3.87% to 4.05% (2016: 3.72% to 4.05%).
21.4
STRUCTURED NOTES (UNSECURED)
GROUP
Issued by the Bank:
Credit linked notes
Fixed rate notes
Bond linked notes
Equity linked notes
Fund linked notes
Issue date Maturity date
20 Apr 2012 – 28 Dec 2017
9 Oct 2012 – 27 Dec 2012
28 Jul 2016 – 3 Nov 2017
5 Apr 2017 – 18 Dec 2017
6 Jun 2017 31 Jan 2018 – 8 Sep 2025
9 Oct 2037 – 28 Dec 2037
29 Nov 2018 – 26 Feb 2025
5 Jan 2018 – 10 Apr 2018
6 Jun 2018
2017
$’000 2016
$’000
980,518
106,929
194,911
3,539
3,236
1,289,133 1,008,967
122,909
161,184
7,599
6,282
1,306,941
The structured notes were issued by the Bank under its Structured Note and Global Medium Term Notes Programmes and are carried at
amortised cost, except for $749.1 million (2016: $706.2 million) included under credit linked notes and $194.9 million (2016: $161.2 million)
included under bond linked notes as at 31 December 2017 which were held at fair value through profit or loss.
BUILDING ON OUR CORPORATE STRATEGY FOR SUSTAINABLE GROWTH
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