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VERIFIEDMint Markets·neutral

Bank of Baroda eyes $500 million dollar bond sale under RBI’s hedge window

AI Summary
  • ·Bank of Baroda is planning to raise $500 million through a dollar bond sale.
  • ·The sale will be conducted under the Reserve Bank of India's (RBI) hedge window.
  • ·This follows HDFC Bank's recent $750 million dollar-bond sale at a spread of 90 basis points over US Treasury yields.
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