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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 155791 [Title] => Metrobank launches new time deposit account [Summary] => The Metropolitan Bank and Trust Co. (Metrobank) launched the Metrobank TD Extra-Assure, a new five-year time deposit account which guarantees interest rates better than the prevailing Treasury-bill rate.
The interest rate of TD Extra-Assure is based on the 91-day T-bill rate on the day of the deposit plus 0.25 percent. The guaranteed minimum rate is 7.5 percent per annum. Thus, a client is assured of an interest rate no less than 7.5 percent even if the 91-day T-bill rate is lower.
[DatePublished] => 2002-04-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
EXTRA-ASSURE
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 155791 [Title] => Metrobank launches new time deposit account [Summary] => The Metropolitan Bank and Trust Co. (Metrobank) launched the Metrobank TD Extra-Assure, a new five-year time deposit account which guarantees interest rates better than the prevailing Treasury-bill rate.
The interest rate of TD Extra-Assure is based on the 91-day T-bill rate on the day of the deposit plus 0.25 percent. The guaranteed minimum rate is 7.5 percent per annum. Thus, a client is assured of an interest rate no less than 7.5 percent even if the 91-day T-bill rate is lower.
[DatePublished] => 2002-04-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
abtest
April 2, 2002 - 12:00am
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