October 10, 2012 / 8:21 AM / 5 years ago

India's HDFC to raise up to 5 bln rupees via bonds

MUMBAI, Oct 10 (Reuters) - India’s Housing Development Finance Corp plans to raise up to 5 billion rupees ($94.65 million) through one-year one-day bonds at 9.10 percent, a source with direct knowledge of the matter said on Wednesday.

ICICI Bank is the sole arranger to the deal, the source said. ($1 = 52.8250 Indian rupees) (Reporting by Archana Narayanan) (archana.narayanan@thomsonreuters.com; +91-22-61807244; Reuters Messaging: archana.narayanan.reuters.com@reuters.net)

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