Exim Bank sells bonds worth $ 1 billion to global investors at a very low rate

The show was four times oversubscribed or worth $ 4 billion against the $ 1 billion offered, chief executive David Rasquinha said.

The subjects
EXIM Bank

Exim Bank started the new year on a high note, raising $ 1 billion through a sale of dollar bonds to international investors, offering just 2.25% for ten-year silver, setting a new lower in prices.

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The show was oversubscribed four times or worth $ 4 billion against the proposed $ 1 billion, chief executive David Rasquinha said, adding that in Asia the show was oversold within three hours. the launch, with the order book reaching $ 1.75 billion on Monday morning.

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First published: Tue Jan 5, 2021. 11:15 PM IST

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