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Published on 4/9/2007 in the Prospect News Emerging Markets Daily.

India's Oriental Bank of Commerce to sell Rs. 5 billion of bonds

By Reshmi Basu

New York, April 9 - Oriental Bank of Commerce said it will sell up to Rs. 5 billion of tier II bonds through a private placement.

No further details were disclosed.

The state-run bank is located in New Delhi, India.


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