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IRFC lists USD 750-million medium-term note on India INX
Indian Railway Finance Corporation (IRFC) has listed USD 750 million medium-term note on BSE-owned India International Exchange s debt listing platform, the bourse said on Friday. The issue is part of IRFC s USD 4-billion global medium-term note programme, the exchange said in a statement.
The issue, at a coupon of 2.8 per cent per annum, was over-subscribed by more than 4 times. IRFC raised USD 750 million in 10-year money under its USD 4-billion global medium-term note programme established on the Global Securities Market (GSM) of India International Exchange (India INX) at GIFT IFSC, the exchange said.
Read more about International Bullion Exchange to come up this year: IFSCA chairman on Business Standard. Bourse will run on a delivery-based model for allocated and unallocated bullion, with underlying security backing the latter
NEW DELHI: Indian Railway Finance Corporation (IRFC) has listed $750 million medium-term note on BSE-owned India International Exchange s debt listing platform, the bourse said on Friday.
The issue is part of IRFC s $4-billion global medium-term note programme, the exchange said in a statement.
The issue, at a coupon of 2.8 per cent per annum, was over-subscribed by more than 4 times. IRFC raised $750 million in 10-year money under its $4-billion global medium-term note programme established on the Global Securities Market (GSM) of India International Exchange (India INX) at GIFT IFSC, the exchange said.
The company has already listed $1.5 billion bonds under its $4 billion global medium-term note programme and $500 million green bond issuance on India INX.