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India's Andhra Bank issues Rs. 6 billion in 8.7%, 8.55% tier II bonds
By Devika Patel
Knoxville, Tenn., Dec. 24 - Andhra Bank informed the Bombay Stock Exchange that it issued Rs. 2.8 billion in 8.7% upper tier II bonds and Rs. 3.2 billion in 8.55% lower tier II subordinated bonds.
The bank is based in Hyderabad, India.
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