Financial Daily from THE HINDU group of publications
Friday, Mar 07, 2003
Financial Daily from THE HINDU group of publications Friday, Mar 07, 2003 |
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Corporate
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Corporate Bonds KFC bonds to raise Rs 40 crore Our Bureau
THIRUVANANTHAPURAM: The public sector Kerala Financial Corporation (KFC) has decided to approach the market to raise Rs 40 crore through bonds issue. The sales window will be open from March 10 to 12 and will be closed, without prior notice, once the issue becomes fully subscribed, an official spokesman said here. The 10-year bonds are guaranteed by the State Government and carry a coupon rate of 6.50 per cent, which is payable on a half-yearly basis. The application form and other details can be had from the KFC headquarters at Vellayambalam here, the spokesman added.
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