The Financial Express -- Markets

Thursday, November 6 1997

Power Finance pegs coupon for private placement at 8.85%

The coupon rate for the Rs 100-crore private placement of bonds from Power Finance Corporation has been pegged at 8.85%. Launched on a book-building basis, the issue had indicated interest in the range of 8.5% to 9%, payable half-yearly.

Skindia launches recast GDR Index

State Bank of India (SBI) has been given the highest weightage at 13.65% in the reconstituted Skindia GDR Index. The Skindia GDR index, relaunched yesterday, will now comprise 20 actively traded GDRs. The index will be reviewed every quarter, making adjustments for bonus and rights issues.

DSE may hold EGM to consider suspension issue

The board of directors of the Delhi Stock Exchange plans to to hold an extraordinary general meeting (EGM) within 45 days to debate on an application filed by former President Paramjeet Singh calling for a more transparent procedure regarding suspension of brokers.

Bullion gains on lack of inflow; sugar weak

Mood of caution prevails at BSE

Skindia launches recast GDR Index

Switzerland sponsors venture capital fund

Decision on Gail rocks market; Sensex drops 28 points

Vysya, Bank Brussel Lambert to jointly finance new projects

Minimum rate at repo auction is 15.22 %, says Russian central bank

Market Round-up -- Call Money

Western India Plywoods plans 1

South Korean won weakens on tight dollar liquidity

DSE may hold EGM to consider suspension issue

Power Finance pegs coupon for private placement at 8.85%

HK stocks slump again

Taiwan dollar rises on central bank stance

RBI mulls futures trading in gilts