Thursday, October 2, 2008

Commercial Banks to issue Bonds and Debentures.

Laxmi Bank is issuing 7 years redeemable debenture at 8.5% interest rate from 12th October, 2008 (2065 Ashwin, 26). The total number of debentures will be 3,50,000 of Rs 1000 each. Read more

Similarly, Siddhartha Bank is issuing 7 years redeemable bond at 8% interest rate from 5th October, 2008 (2065 Ashwin, 19). The total bonds issued to public will be 800,000 of Rs 1000 each. Read more

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