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HDFC Bank to hit dollar bond market under new subsidised scheme: Sources
HDFC Bank plans to raise at least $500 million via dollar bonds this week, utilizing the central bank's subsidized hedging window. The five-year bond issue, with initial guidance of 5-year U.S. Treasury yield plus 120 basis points, is expected to see strong demand. Proceeds will fund foreign branches and subsidiaries, and general corporate purposes.
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economictimes.indiatimes.com
HDFC Bank to hit dollar bond market under new subsidised scheme: Sources
HDFC Bank plans to raise at least $500 million via dollar bonds this week, utilizing the central bank's subsidized hedging window. The five-year bond issue, with initial guidance…
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thehindubusinessline.com
HDFC Bank to hit dollar bond market under new subsidised scheme
Bank may raise over $500 million through a five-year dollar bond amid strong investor demand.
