Kotak Mahindra Bank raises $650 million in debut dollar bond sale

Kotak Mahindra Bank raised $650 million through its debut five-year dollar bond, pricing notes at 108 basis points over US Treasuries. Strong demand from Asian and European investors helped tighten pricing from initial guidance, with orders reaching $2.1 billion.

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Gold inches higher, focus on Fed minutes

Gold prices edged up slightly during the early Asian trading session, buoyed by a retreat in U.S. Treasury yields from their recent highs. Market players

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