Strong demand drives India Exim to solid finish

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Strong demand drives India Exim to solid finish

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Filipe Frazao/gustavofrazao - Fotolia

The Export-Import Bank of India (India Exim) launched a 5.5 year US dollar offering on February 4. The quasi-sovereign credit attracted such strong demand from investors that the regular issuer barely paid new issue premium despite a competitive backdrop.

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