Mumbai, June 17: Housing and Development Finance Corporation Ltd (HDFC) has issued non-convertible debentures aggregating Rs 100 crore to investors through private placement. These secured redeemable debentures of Rs 10 lakh each carry 5.40 per cent annual interest rate, the company informed the National Stock Exchange (NSE).
Debentures would be redeemed at the end of the one year tenure on June 16, 2004, it added. Bureau Report