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HDFC plans to raise up to 10 billion rupees via bonds

REUTERS
Published Mar 21, 2014, 9:03 pm IST
Updated Apr 8, 2019, 12:40 pm IST
Housing Development Finance Corp has planned to raise up to 10 billion rupees through 15-month bonds

Mumbai: Housing Development Finance Corp (HDFC), India's biggest mortgage lender, is planning to raise up to 10 billion rupees through 15-month bonds at 9.60 per cent annual coupon, said  a source with direct knowledge of the matter.

HDFC also stated that its base size of the issue is 5 billion rupees.

 

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