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Published on 5/25/2018 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

India’s IDBI Bank to buy back $1.49 billion of bonds in 2018-2019

By Susanna Moon

Chicago, May 25 – IDBI Bank Ltd. said it plans to buy back up to $1.49 billion of bonds in tranches during the fiscal year 2018 to 2019.

The buyback was approved at a board meeting on Friday, according to a company notice.

IDBI Bank is a public sector bank based in Mumbai.


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