Wednesday, September 17, 2008
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Forex News
Sep 10 2008 11:44AM
India cbank sets underwriting commitment on bonds

MUMBAI, Sept 10 (Reuters) - India's central bank said on Wednesday it has set an minimum underwriting commitment of 1.32 billion rupees for each primary dealer at Friday's auction of the 50 billion rupees of 8.24 percent bonds maturing in 2018.

It set a commitment of 790 million rupees the 30 billion rupee sale of 7.95 percent bonds maturing in 2032. (Reporting by Anurag Joshi; Editing by Ramya Venugopal) (([email protected]; Tel: +91-22-6636 9038; Reuters Messaging: [email protected]))

Keywords: INDIA BONDS/ MUC

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