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Thursday, Mar 11, 2004

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Nabard Capital Gains Bonds

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THIRUVANANTHAURAM: Nabard (National Bank for Agriculture and Rural Development) has decided to close subscriptions to the Nabard Capital Gains Bonds issue at the existing rate of 5.00 per cent per annum from the close of business on March 13, 2004, according to Mr B.S. Shekhawat, Chief General Manager, Regional Office.

The issue will remain closed from March 15, 2004, to March 31, 2004 (both days inclusive), Mr Shekhawat said. The issue shall reopen for fresh subscription on April 1, 2004. Interest rate for the fresh issue will be announced later, Mr Shekhawat added.

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