Here’s a look at the key bond market deals on Friday.
NSE
Key highlights:
Power Finance Corporation (PFC) takes long term money
Steel Authority of India (SAIL) raises money at 3.38 percent and Bharat Oman Refineries at 3.39 percent
Non-convertible Debentures:
PFC takes Rs 2450 crore at 6.09 percent via 5-year bonds and Rs 2344 crore at 7.15 percent via 15-year bonds
Asirvad Microfinance takes Rs 73 crore at 10.45 percent via 3-year and 6-month bonds
Indian Railway Finance Corporation (IRFC) to raise Rs 500 crore via 10-year bonds
Badve Engineering to raise Rs 50 crore at 9.5 percent via 3-year bonds
Muthoot Finance takes Rs 400 crore at T-bill linked coupon via 3-year bonds
National Highways Authority of India (NHAI) is likely to raise funds via longer tenor bonds
Commercial Papers:
Indian Oil Corporation (IOC) to raise funds via 3-week CP at 3.18 percent coupon
SAIL to raise funds via 3-month CP at 3.38 percent coupon
Bharat Oman Refineries to raise funds via 3-month CP at 3.39 percent coupon
Can Fin Homes to raise funds via a 10-month CP at 4.19 percent coupon
GIC Housing Finance to raise funds via near 3-month CP at 3.48 percent coupon
Catch all the stock market live updates here.
(Edited by : Priyanka Deshpande)