Here’s a look at key bond market deals on Friday.
NSE
Highlights:
Commercial paper rates have hardened
HDFC Bank takes money via infrastructure bonds
Non-Convertible Debentures (NCDs)
NHAI to raise Rs 1,000 crore via 20-year bonds
HDFC Bank takes Rs 5,000 crore at 6.44 percent via seven-year infrastructure bonds
HDFC Ltd takes Rs 2,500 crore at 6.88 percent via 10-year bonds
LIC Housing Finance takes Rs 975 crore at 6.95 percent via 10-year bonds
Sundaram Finance takes Rs 500 crore at 4.85 percent via two-year bonds
IIFL Home Finance:
a. Takes Rs 15 crore via reissuance of May ’30 bonds at 8.52 percent
b. To raise Rs 100 crore at 8.2% via five-year bonds
c. To raise Rs 100 crore via public issue of bonds opening on Sept 27
DBL Byrapura Challakere takes Rs 235 crore at 6.59 percent semi-annual coupon via 13-year bonds
Sundew properties to raise Rs 400 crore at 6.1 percent via two-year and nine-month bonds
Renew Sun Waves to raise Rs 1,002 crore via three-year bonds
Orissa Metaliks to raise Rs 100 crore via five-year bonds
Shriram Transport Finance takes Rs 95 crore via reissuance of June ’23 bonds at 7.4 percent
HDFC in talk to raise funds via three-year bonds at 91-day T-Bill yield-linked coupon
Star Health And Allied Insurance likely to raise funds via seven-year subordinated bonds soon
Commercial Papers (CPs)
Godrej Industries to raise funds via three-month CP at 3.60 percent coupon
Kotak Securities to raise funds via three-month CP at 3.76 percent coupon
HDFC Securities to raise funds via three-month CP at 3.78 percent coupon
Axis Securities to raise funds via three-month CP at 3.80 percent coupon
JM Financial ARC to raise funds via three-month CP at 4.92 percent coupon
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(Edited by : Sandeep Singh)