{"id":296440,"date":"2019-10-16T12:00:11","date_gmt":"2019-10-16T06:30:11","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=296440"},"modified":"2019-10-16T12:14:23","modified_gmt":"2019-10-16T06:44:23","slug":"ioc-to-raise-rs-3000-crore-via-rupee-denominated-bond-issue","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ioc-to-raise-rs-3000-crore-via-rupee-denominated-bond-issue\/","title":{"rendered":"IOC to raise Rs 3000 crore via rupee denominated bond issue"},"content":{"rendered":"<p>Indian Oil Corporation plans to raise Rs 3,000 crore from the local bond market, which the state-owned refiner and fuel retailer is tapping after a gap of seven years. The proceeds are likely to be used for capital expenditure.<\/p>\n<p>These bonds may offer rates in the range of 7.3-7.6% with a 10-year maturity, dealers told ET. The final pricing will be determined through an auction on the National Stock Exchange platform.<\/p>\n<p>An IOCNSE -0.17 % official said the company launched the bond sale Tuesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian Oil Corporation plans to raise Rs 3,000 crore from the local bond market, which the state-owned refiner and fuel retailer is tapping after a gap of seven years. The proceeds are likely to be used for capital expenditure. These bonds may offer rates in the range of 7.3-7.6% with a 10-year maturity, dealers told ET. The final pricing will be determined through an auction on the National Stock Exchange platform. An IOCNSE -0.17 % official said the company launched the bond sale Tuesday.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-296440","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/296440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=296440"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/296440\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=296440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=296440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=296440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}