United Bank of India raises 3 bln rupees via CDs

MUMBAI, Nov 24 - United Bank of India on Tuesday raised 3 billion rupees via Certificates of Deposit , Thomson Reuters data showed.

It sold notes maturing April 12, 2010, and yielding 4.50 percent.

The yield on the Reuters benchmark 3-month CD <0#INCDBMK=> was unchanged at Monday's 3.45 percent, and secondary volumes rose to 5.35 billion rupees from 1.7 billion rupees the previous session.

Indian banks had not issued any CDs on Monday. ((jeanette.rodrigues@thomsonreuters.com; Tel: +91 22 6636 9037; Reuters Messaging: jeanette.rodrigues.thomsonreuters.com@reuters.net)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com))

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Indian bond issuances [IN-DBT-ISU-LEN-RTRS]

Asia debt news [ASIA-DBT-LEN-RTRS]

India Corporate debt pages on Reuters: <INCORP01>

Spreads over Indian federal bonds <0#AAAINBMK=>

Indian secondary corporate bond deals <INCORPBOND>

Secondary market Indian CP Prices <INCP01>

India Certificates of Deposit page <INCD01>