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10 May 2024

Bank of Baroda markets 5.5-year dollar bonds

Bank of Baroda markets 5.5-year dollar bonds. (EB FILE)

Published
By Staff Writer

Bank of Baroda started marketing a benchmark sale of 5.5-year dollar bonds, becoming the third Indian lender to offer notes in four business days. The lender is marketing the notes at a spread of about 235 basis points more than US Treasuries.