Bankers said the bond is unlikely to procure full subscription. "Banks will not buy the security from the primary market as in the secondary market a security with the same maturity is trading at 14 per cent yield,

Bankers said the bond is unlikely to procure full subscription. "Banks will not buy the security from the primary market as in the secondary market a security with the same maturity is trading at 14 per cent yield,
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First Published: Sep 26 1996 | 12:00 AM IST