From THE HINDU group of publications
Sunday, November 26, 2000
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From THE HINDU group of publications Sunday, November 26, 2000 |
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NABARD plans Rs 1000 cr bond issue
The National Bank for Agricultural and Rural Development (Nabard) has said that it expects to raise up to Rs 1,000 crore through its Capital Gains Bond.
The minimum subscription for the bond is Rs 10,000 (or multiples thereof) for a lock-in period of three years and carries a present coupon rate of 9.75 per cent. The bond, which has been open for subscription since September 28, has collected Rs 280 crore till now.
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