Date:25/03/2008 URL: http://www.thehindu.com/2008/03/25/stories/2008032555261700.htm

Business - Briefly

ICICI Bank buys back $50 m bonds

MUMBAI: ICICI Bank had bought back and retired bonds with a face value of $50 million that were due to mature in 2012, its second such transaction in March. The bonds, which had a 5.75 per cent coupon, were issued by the bank’s Bahrain branch, ICICI said in a statement.