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NABARD accepts bids for bond issue, bankers say

India's National Bank for Agriculture and Rural Development has accepted bids worth 80 billion rupees ($839.28 million) for bonds maturing in three years, five months and eight days, three bankers said on Friday.NABARD will pay an annual coupon of 7.16% to the investors of this issue and had invite…

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British firms hold firm on price rises despite Iran war de-escalation - BoE

British businesses showed no sign of easing their price expectations in June despite a de-escalation of the Iran war that had sent energy costs surging, a Bank of England survey showed on Friday.The BoE's Decision Maker Panel showed firms expected their prices to rise 4.1% in the year ahead in the…

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IIFCL accepts bids for bond issue, bankers say

India Infrastructure Finance Co (IIFCL.UL) has accepted bids worth 18.48 billion rupees ($193.87 million) for bonds maturing in four years and 11 months, three bankers said on Friday.The company will pay an annual coupon of 7.25% on this issue and had invited coupon and commitment bids from bankers…

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A strong El Nino will develop rapidly over coming months, says UN weather agency 

By Olivia Le PoidevinThere is an agreement between forecast models that a strong El Nino will develop rapidly over the coming months, the United Nations weather agency said on Friday."El Nino conditions have emerged in the Equatorial Pacific, and there is a remarkable agreement between forecast mod…

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