July 16, 2012 / 9:53 AM / 5 years ago

India's HDFC plans to raise at least 4 bln rupees via bonds

MUMBAI, July 16 (Reuters) - India's Housing Development Finance Corp is planning to raise at least 4 billion rupees ($72.51 million) through one-year one-day bonds at 9.60 percent, a source with direct knowledge of the matter said on Monday.

Barclays Capital is the sole arranger to the deal, the source said. ($1 = 55.1650 Indian rupees) (Reporting by Archana Narayanan; Editing by Anupama Dwivedi)

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