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GIC Housing Finance issues CP worth Rs 200 crore

13 Dec 2019 Evaluate

GIC Housing Finance has issued Commercial Paper (CP) of Rs 200 crore with coupon rate of 5.36%. The instrument has a maturity date on January 30, 2020 with a tenure of 56 days.

GIC Housing Finance’s primary business is granting housing loans to individuals and to persons/entities engaged in construction of houses/flats for residential purposes.

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