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India's Punjab National to sell Rs. 7 billion in tier I, tier II bonds
By Devika Patel
Knoxville, Tenn., Nov. 20 - Punjab National Bank informed the Bombay Stock Exchange that it will sell Rs. 5 billion in upper tier II series XI bonds and Rs. 2 billion in tier I perpetual series VI bonds.
The offers will open on Nov. 24 and settle on Nov. 25.
New Delhi-based Punjab National Bank is a public-sector commercial bank.
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