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The Economic Times

PFC raises USD 300 mn via bonds carrying floating interest rates

PFC Bonds Interest Rates India INX NSE IFSC Power Finance Corporation Reserve Bank of India

New Delhi, Jul 10 (PTI) State-owned Power Finance Corporation (PFC) on Friday said it has raised USD 300 million through bonds carrying floating interest rates.

The net proceeds from the issuance of these Notes will be used in accordance with the external commercial borrowing guidelines of the Reserve Bank of India, an exchange filing said.

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