The Exim Bank has started the new year on a high note raising $1 billion through a dollar-bond sale to international investors, offering just 2.25 per cent for the ten-year money, setting a new low in pricing. The issue was oversubscribed four times or worth $4 billion as against $1 billion on offer, managing director David Rasquinha said, adding that in Asia the issue was oversold within three hours of the launch with the order book hitting $1.75 billion Monday morning.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2KU2B08
Exim Bank sells bonds worth $1bn at dirt low rate
![Exim Bank sells bonds worth $1bn at dirt low rate]()
Reviewed by Space encyclopaedia
on
January 05, 2021
Rating:
