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India's EXIM Bank raises 5 bln rupees via bonds.


Date: 11-12-2008
Subject: India's EXIM Bank raises 5 bln rupees via bonds
MUMBAI, Dec 11 (Reuters) - State-owned Export-Import Bank of India (EXIM Bank) raised 5 billion rupees through the issue of five-year bonds carrying a coupon of 9.50 percent late on Wedensday , two bankers familiar with the deal said on Thursday.

EXIM Bank, which lends mainly to exporters and importers, plans to raise 170 billion rupees in 2008/09, of which $1.6 billion will be foreign currency borrowing.


Source : Reuters India

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