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IKB Deutsche Industriebank announces 2 bond issues

IKB Deutsche Industriebank AG said Feb. 14 that it is issuing a step-up bond and a fixed-rate bond with maturity of three and five years, respectively.

The subscription period for both bonds runs between Feb. 14 and March 15.

The fixed-rate bond, maturing March 2023, will pay a coupon of 1.50%. The step-up bond, maturing March 2021, will pay a coupon of 0.85% in its first year, 0.95% in the second year and 1.05% in the third.