Business Daily from THE HINDU group of publications
Sunday, May 03, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Sunday, May 03, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Money & Banking
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Corporate Bonds Corporation Bank bond issue Our Bureau Mangalore, May 2 Corporation Bank has proposed to issue upper tier II bonds for Rs 500 crore on private placement basis, the bank informed BSE. The annual coupon will be 8.25 per cent for first 10 years. It said that the step-up coupon rate of 8.75 per cent would be for the next five years. The bond issue, which opens on May 4, will close on May 5, it said. More Stories on : Corporate Bonds | Public Sector Banks
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