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Thursday, March 11, 2010

HDIL raises Rs 200 cr from debenture issue

Property developer Housing Development and Infrastructure Ltd (HDIL) today said it has received subscription worth Rs 200 crore for its non-convertible debenture issue.

The debenture issue is third tranche out of 11,500 debentures of Rs 1 milion each, aggregating Rs 1,150 crore.a The company is issuing debentures to retire its high cost debt.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Wednesday, Apr 09
22:30 10-Year Note Auction 1 4.435% 4.310%
23:30 FOMC Minutes 3
Thursday, Apr 10
02:20 Fed's Hammack speech 2
03:00 Fed's Kashkari speech 2
04:31 RICS Housing Price Balance 1 2% 8% 11%
15:30 RBA Governor Bullock speech 3
18:00 Initial Jobless Claims 2 223K 219K
18:00 Initial Jobless Claims 4-week average 1 223K
18:00 Continuing Jobless Claims 1 1.880M 1.903M
18:00 Building Permits (MoM) 1 -0.8% -3.2%
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