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Markets

India's HDFC to raise at least 5bn rupees via bonds

Published Updated

indian-rupees-MUMBAI: India's Housing Development Finance Corp plans to raise at least 5 billion rupees ($94.29 million) through two-year bonds at 9.18 percent, a source with direct knowledge of the matter said on Tuesday.

 

ICICI Bank is the sole arranger to the deal, the source said.

 

Copyright Reuters, 2012

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