<p>The bank has priced the five-and-a-half year bonds at 275 basis points over five-year US treasuries, ICICI Bank said in a filing to the Bombay Stock Exchange. ICICI Bank sold the bonds through its Hong Kong branch.<br /><br />Earlier this week, rating agency Moody’s had assigned a Baa2 rating to the dollar-denominated bonds, issued by the bank through its Hong Kong branch.<br /><br />“The rating reflects the bank’s comfortable liquidity position, strong capitalisation levels, as well as its satisfactory recurring profitability driven by robust fee income,” Moody’s had said.</p>
<p>The bank has priced the five-and-a-half year bonds at 275 basis points over five-year US treasuries, ICICI Bank said in a filing to the Bombay Stock Exchange. ICICI Bank sold the bonds through its Hong Kong branch.<br /><br />Earlier this week, rating agency Moody’s had assigned a Baa2 rating to the dollar-denominated bonds, issued by the bank through its Hong Kong branch.<br /><br />“The rating reflects the bank’s comfortable liquidity position, strong capitalisation levels, as well as its satisfactory recurring profitability driven by robust fee income,” Moody’s had said.</p>