|Chennai||Rs. 24970.00 (-0.44%)|
|Mumbai||Rs. 25970.00 (0%)|
|Delhi||Rs. 25350.00 (-0.59%)|
|Kolkata||Rs. 25440.00 (-0.04%)|
|Kerala||Rs. 24900.00 (-0.8%)|
|Bangalore||Rs. 25200.00 (0%)|
|Hyderabad||Rs. 25080.00 (0.12%)|
MUMBAI, March 19 (Reuters) - India's Food Corporation of India has fixed coupons to raise 50 billion rupees ($922.42 million) through dual tranche bonds, three sources with knowledge of the deal said.
The state-owned firm will raise most of its funds, about 47 billion rupees, though 15-year bonds at 8.80 percent and the rest through 10-year bonds at 8.62 percent, the sources said.
The bonds are rated AAA by Crisil and ICRA, and will be guaranteed by the central government, the sources said. ($1 = 54.2050 Indian rupees) (Reporting by Archana Narayanan; Editing by Bijoy Koyitty)