Issuance of term deposit certificates of Cooperative Development Bank

According to the monetary financial news quoted by the public relations of the Cooperative Development Bank, these bonds are for one year and without the possibility of extension at the maturity of the contract.
The interest rate on term deposit certificates is 18% per annum and can be paid in one month installments. Also, the redemption interest rate is calculated and paid annually before the maturity of the bonds at 10%.
Customers of Cooperative Development Bank can visit the bank’s branches across the country to purchase special term deposit certificates of investment.