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EXIM Bank raises $10 bn through bonds on LSE


The Dollar Business Bureau The Export Import Bank of India (EXIM Bank), the premier export finance institution in the country, has raised $10 billion via issuance of 10-year dollar bonds on London Stock Exchange (LSE). The bonds were oversubscribed by almost two times. The EXIM Bank will use the proceeds from bonds for supporting Indian project exports, foreign investments through long-term credit and its portfolio of lines of credit. “The notes achieved the tightest ever spread over US Treasury for an Indian entity for a 10-year...


This post first appeared on TheDollarBusiness | Foreign Trade Magazine On Expo, please read the originial post: here

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EXIM Bank raises $10 bn through bonds on LSE

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