(EnergyAsia, September 15) — Indian Oil Corporation Limited said it has successfully sold off Rs12.55 billion worth of oil bonds of various maturities ranging from three to nine years in the secondary market. (US$1=Rs46). The Indian government issued the bonds to IndianOil in March 2006 to help oil companies cover for their losses from…
INDIA: IndianOil Corp sold off Rs12.55 billion worth of oil bonds
Posted on September 15, 2006 by EnergyAsia