IRFC raises Rs 2,840 cr through 10-year bonds at 7.15% interest rate

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While IRFC received bids worth Rs 5,640 crore, it retained Rs 2,840 crore, sources said.

Home / Companies / News / IRFC raises Rs 2,840 cr through 10-year bonds at 7.

The Reserve Bank of India on Tuesday issued state development loans (SDLs) of 10-year tenors and cut-off yields ranging between 7.11 per cent and 7.19 per cent (semi-annual).

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Category: BusinessFinance

Markets: India

Topics: Interest rate Indian Railway Finance Corporation Bonds

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-24 @ 18:49:06 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 423 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 24635658

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