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This is an archive article published on May 13, 2011

HDFC plans to raise Rs 2 bn via bonds

HDFC plans to raise at least 2 billion rupees through a five-year bond.

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Housing Development Finance Corp (HDFC) plans to raise at least 2 billion rupees through a five-year bond at 9.90 percent,a source with direct knowledge of the matter said on Friday.

ICICI Bank is the sole arranger to the deal,the source said.

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