Singapore-The Indian government has issued special oil bonds worth Rupees 219.42 billion ($4.496 billion) to state-run oil refining and marketing majors Indian Oil Corporation, Bharat Petroleum Corporation Limited, and Hindustan Petroleum Corporation Limited, the finance ministry said in a statement February 4. IOC was issued bonds totaling Rupees 119.44 billion, with HPCL receiving Rupees 46.81 billion, and BPCL getting Rupees 53.17 billion, the ministry said.
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