Date:14/01/2005 URL: http://www.thehindubusinessline.com/2005/01/14/stories/2005011401880600.htm

Back IDBI Flexibonds issue from today

Our Bureau

Mumbai , Jan. 13

INDUSTRIAL Development Bank of India Ltd is coming out with its public issue of IDBI Flexibonds-22 to tap the retail bond market, which will open for subscription on Friday.

The issue will close on February 3 and is the first tranche being made under the IDBI Flexibond Umbrella Offer Document 2004-05, said a press release.

The issue has a target amount of Rs 400 crore with a greenshoe option to retain an additional Rs 400 crore.