Here’s a look at the key bond market deals on Wednesday.
NSE
Non-Convertible Debentures:
Sundaram Finance accepts bids worth INR 500 crore on two-year bonds at 6.20 percent coupon
HDB Financial Services accepts bids worth INR 400 crore on two-year zero-coupon bonds at 6.31 percent IRR
Cholamandalam Investment to raise at least INR 350 crore via four-year bonds at 7.32 percent coupon, invites bids on April 27
Cholamandalam Investment to also raise at least INR 150 crore via five-year bonds at 7.50 percent coupon, invites bids on April 27
Torrent Power to raise INR 300 crore via five-year bonds at 7.45 percent coupon, invites bids on April 28
Torrent Power to raise INR 300 crore via 10-year bonds at 8.05 percent coupon, invites bids on April 28
Commercial Papers:
ICICI Securities to raise funds via near two-month CP at 4.15 percent coupon
Godrej Agrovet to raise funds via three-month CP at 4.20 percent coupon
M&M Financial Services to raise funds via three-month CP at 4.35 percent coupon
ICICI Securities to raise funds via three-month CP at 4.47 percent coupon
HDFC Securities to raise funds via three-month CP at 4.37 percent coupon
Kotak Securities to raise funds via five-month CP at 4.78 percent coupon
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