The Industrial Bank of Japan Ltd (IBJ),London Branch, said it is establishing a sterling certificate
of deposit (CD) issuance programme for up to 200 mln stg.
    The arranger is LLoyds Merchant Bank Ltd and dealers are
LLoyds, Samuel Montagu and Co Ltd, Morgan Grenfell and Co Ltd
and S.G. Warburg and Co Ltd.
    The paper will have maturities between seven and 365 days.
 REUTER
