Market Ticker

Translate

Thursday, April 9, 2009

Indian banks raise 12 bln rupees via CDs

Indian banks raised 12 billion rupees through Certificates of Deposit (CDs) on Wednesday, Thomson Reuters data showed.Corporation Bank raised 10 billion rupees in two tranches. It sold 5 billion rupees of six-month notes carrying a coupon rate of 5.10 percent and another 5 billion rupees of one-year notes at 6.10 percent.

IDBI Bank sold 500 mn rupees each of 6.35 percent and 6.45 percent one-year notes to two state-run banks.State Bank of Mysore, an associate of the country's largest lender, State Bank of India sold 1 billion rupees of 6 percent one-year notes to a local mutual fund. Volumes in the secondary CD market rose to 6.25 billion rupees from 6.1 billion rupees on Monday.

No comments:

Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Thursday, Jul 03
04:30 S&P Global Services PMI 2 51.8 51.3 51.3
06:30 ANZ Commodity Price 1 -2.3% 1.9%
07:00 Trade Balance (MoM) 3 2,238M 5,091M 4,859M Revised from 5,413M
07:00 Exports (MoM) 2 -2.7% -1.7% Revised from -2.4%
07:00 Imports (MoM) 2 3.8% 1.6% Revised from 1.1%
12:00 Consumer Price Index (YoY) 3 -0.1% -0.1%
12:00 Consumer Price Index (MoM) 2 0.0% 0.1%
14:00 BoE Credit Conditions Survey 1
14:00 S&P Global Services PMI 1 51.3 51.3
14:00 S&P Global Composite PMI 1 50.7 50.7
Economic Calendar >> Add to your site

Best Mutual Funds

Recent Posts

Search This Blog

IPO's Calendar

Market Screener

NSE BSE Tiker

Custom Pivot Calculator

Popular Posts

Market & MF Screener