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Central Bank may raise ₹1,500 cr via bonds next week
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Central Bank of India is likely to raise up to ₹1,500 crore through the issuance of tier-2 bonds next week.
The state-owned bank's bond issue is likely to have a base size of ₹500 crore and a greenshoe option of ₹1,000 crore, with bidding for the sale expected to take place on August 29, sources said. The bonds are likely to be of 10-year maturity.
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