NABARD withdraws planned seven-year bond issue: Bankers
India's National Bank for Agriculture and Rural Development (NABARD) withdrew its planned seven-year bond issue after bids came in higher than expected, three bankers said on Thursday.
By Reuters |
India's National Bank for Agriculture and Rural Development (NABARD) withdrew its planned seven-year bond issue after bids came in higher than expected, three bankers said on Thursday.
It had planned to raise 80 billion rupees ($866.25 million), and invited commitment bids for the issue earlier in the day, they said.
The company did not respond to a Reuters email seeking comment.
($1 = 92.3525 Indian rupees)
It had planned to raise 80 billion rupees ($866.25 million), and invited commitment bids for the issue earlier in the day, they said.
The company did not respond to a Reuters email seeking comment.
($1 = 92.3525 Indian rupees)
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