India's HDFC to raise min 2 bln rupees via bonds

MUMBAI, Oct 4 (Reuters) - India's Housing Development Finance Corp plans to raise at least 2 billion rupees ($38.30 million) through five-year bonds at 9.20 percent, a source with direct knowledge of the matter said on Thursday.

IDFC is the sole arranger to the deal, the source said. ($1 = 52.2250 Indian rupees)

(Reporting by Archana Narayanan; Editing by Prateek Chatterjee)



Keywords: HDFC BONDS/