IDBI Bank’s bond issue oversubscribed

IDBI Bank’s bond issue oversubscribed. The Singapore dollar (SGD) 250 million bond issue of IDBI Bank was oversubscribed 12 times. The bond, with a three-year maturity, carries a fixed coupon of 3.65 per cent per annum. The issue is the first publicly-listed benchmark Singapore dollar bond issue from India.

Tagged with 
IDBI Bank IDBI bonds

Leave a Reply

Your email address will not be published. Required fields are marked *