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Housing Development Finance Corporation provides update on 2nd issue of Rupee Denominated Bonds

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Capital Market
Last Updated : Sep 03 2016 | 12:01 AM IST

Aggregating Rs 500 crore

Housing Development Finance Corporation announced that the Corporation has closed the second issue of Rupee Denominated Bonds to overseas investors on 01 September 2016, aggregating to an amount up to Rs. 500 crore on the following terms -

Yield to investor: 7.5% per annum payable semi-annually Maturity: January 09, 2020

The entire issue has been subscribed by The Province of British Columbia.

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First Published: Sep 02 2016 | 9:36 AM IST

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