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India's NHB garners 9 bln rupees via tax-free bonds - sources
August 29, 2013 / 10:48 AM / 4 years ago

India's NHB garners 9 bln rupees via tax-free bonds - sources

MUMBAI, Aug 29 (Reuters) - India’s National Housing Bank garnered 9 billion rupees ($132.07 million) through tax-free bonds, two sources with direct knowledge of the deal said.

The bidding for the bonds are through a multiple price-based auction, with funds mainly being raised at 100.06 for 15-year bonds, they said. ($1 = 68.1450 Indian rupees) (Reporting by Archana Narayanan; Editing by Subhranshu Sahu)

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