Bank CIMB Niaga Targeting ORI up to IDR400Bn

PT Bank CIMB Niaga, Tbk (BNGA IJ) targeting IDR400bn of selling Indonesian Retail Obligation (ORI) with a coupon rate at level 5.85%. The coupon is not too high and below its psychological level 6%. The bond target is addressed to all customers, with its advantages can be sold in the secondary market.