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HDFC mobilises Rs 2.2 bn through debt issue

Jun 1, 1999

HDFC has collected Rs 2.2 bn via the book building route at a cut-off coupon rate of 11.15% and 12.10% p.a. The issue, a non-convertible debenture (NCD) offering, was done on a private placement basis. It offers a twin option of 1 year and 3 year maturities.

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