India's National Bank for Agriculture and Rural Development, or Nabard, has raised ($104 million) 5 billion rupees through a private placement of bonds, a person familiar with the matter said Wednesday.
The bank sold three-year bonds paying a yield of 9.65%, with a put and call option after one year, the person told Dow Jones Newswires on condition of anonymity.
The bank sold three-year bonds paying a yield of 9.65%, with a put and call option after one year, the person told Dow Jones Newswires on condition of anonymity.