“The bond will be priced on Monday with a base issue size of ‘1,000 crore with the option of increasing the size by another ‘4,000 crore. Insurance companies and pension funds which are the only buyers of this security have already been sounded off,” said a person aware of the issue. The company’s debt is rated AAA.
Gold prices continue to drop amid a strong dollar and US inflation concerns; check rates in your city
Gold prices have dropped by around 6% since Diwali, pressured by a stronger US dollar and rising inflation concerns. The price of 24-carat gold fell