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India's Exim plans to raise minimum 2 bln rupees via bonds

Source : REUTERS
Last Updated: Thu, Feb 14, 2013 07:27 hrs
Cashier counts currency notes inside bank in Lucknow

India's Exim Bank plans to raise at least 2 billion rupees ($37.19 million) via five-year bonds at 8.77 percent, a source close to the deal told Reuters on Thursday.

ICICI Bank is the sole arranger to the deal, the source said.

The pay-in for the issue is scheduled on Feb. 26.

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