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Prospect News home > News index > List of issuers P > Headlines for Punjab National Bank > News item
Published on 3/24/2008 in the Prospect News Emerging Markets Daily.

Punjab National Bank to sell up to Rs. 5 billion in upper tier II bonds

By Devika Patel

Knoxville, Tenn., March 24 - Punjab National Bank informed the Bombay Stock Exchange that it plans to conduct a private placement of up to Rs. 5 billion in upper tier II bonds, series IV.

The offering will open on March 25 and settle on March 26.

New Delhi-based Punjab National Bank is a public-sector commercial bank.


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