Here’s a look at the key bond market deals on Thursday.
NSE
Key highlights:
3-month CP rates shoot up to as high as 4.7 4.8 percent for some trades
RIL group and Godrej Industries raise 3-month money at around 3.5 percent
Hero Fincorp takes 3-year money at 6.25 percent coupon
Non-convertible debentures:
Food Corporation of India takes Rs 8000 crore at 7.09 percent, 10-year government-guaranteed bonds
One International Center takes Rs 473 cr at 7.33 percent, 5-year bonds
Fullerton Home Finance takes Rs 25 crore at 7.7 percent, 10-year sub-ordinated bonds
Fullerton India Credit takes Rs 100 crore at 7.6 percent, 10-year subordinated bonds
Hero Fincorp takes Rs 150 crore at 6.25 percent via 3-year bonds
Bajaj Housing to raise Rs 10 crore via 2-year bonds
Nayara Energy to raise Rs 1000 crore at 8.75 percent, 3-year bonds
Commercial papers:
IOC to raise funds via intra-month CP at 3.26 percent coupon
L&T Finance to raise funds via intra-month CP at 3.80 percent coupon
IOC to raise funds via one-month CP at 3.38 percent coupon
Reliance Industries to raise funds via three-month CP at 3.50 percent coupon
Godrej Industries to raise funds via three-month CP at 3.51 percent coupon
Reliance Retail Ventures to raise funds via three-month CP at 3.53 percent coupon
BHEL to raise funds via three-month CP at 3.67 percent coupon
TVS Credit Services to raise funds via three-month CP at 4.15 percent coupon
Pilani Investments to raise funds via three-month CP at 4.72 percent coupon
Birla Group Holdings to raise funds via three-month CP at 4.80 percent coupon
(Edited by : Priyanka Deshpande)