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Monday, September 26, 2011

Exim Bank to raise at least Rs 2.5 bn via bonds

MUMBAI: Export Import Bank of India ( Exim Bank) plans to raise at least Rs 2.5 billion through 10-year bonds at 9.38 percent, three sources with knowledge of the matter told Reuters on Monday.

Axis Bank, ICICI Securities Primary Dealership and Nomura are some of investors in the deal, the sources said.

The pay-in date for the issue is Thursday, the sources said.


Source: Economic Times

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