ICICI Bond Price

Asian bonds were steady on 2009 in thin trade in a holiday-shortened week but new Bonds from India’s ICICI Bank rose after the $2 billion issue received orders of more than $6 billion. Traders said the offering from ICICI, non-Japan Asia’s most
Frequent offshore bond issuer this year, attracted a strong response because it was priced at a discount to existing bonds.

The issue did well despite this year’s large supply because it was sold about 35 basis points (bps) cheaper than the secondary market, said a Hong Kong-based trader referring
to spreads over U.S. Treasuries. ICICI Bond Price Early encashment facility to all individual bondholders, at any of the Specified Branches of ICICI Bank Limited, any time after one year from the Deemed Date of Allotment till one month prior to Redemption Date

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