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IDBI Bank to raise 200-250 million swiss franc

The pricing is likely to be fixed at 200 basis points over swiss franc mid-swap, said executive director Melwyn Rego.

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IDBI Bank plans to raise between 200 million to 250 million swiss franc with a five-year maturity period, executive director Melwyn Rego told reporters on Monday. The pricing is likely to be fixed at 200 bps over swiss franc mid-swap, he added. 

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