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IDBI Bank’s bond issue oversubscribed

August 24, 2012 12:27 am | Updated 12:27 am IST - MUMBAI:

The Singapore dollar (SGD) 250 million bond issue of IDBI Bank was oversubscribed 12 times. The bond, with a three-year maturity, carries a fixed coupon of 3.65 per cent per annum. The issue is the first publicly-listed benchmark Singapore dollar bond issue from India.

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