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IDBI Cap raises Rs 125 crore through bonds

Our Bureau

Mumbai , Oct. 7

PRIMARY dealer, IDBI Capital Market Services Ltd has completed issuance of subordinated bonds eligible for Tier-III Capital for an amount of Rs 125 crore at a coupon rate of 6 per cent per annum payable annually for a maturity of 31 months.

Subscribers to the issue included banks, financial institutions and mutual funds.

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