Here’s a look at the key bond market deals on Wednesday.
Non-convertible debentures:
Bajaj Finance to raise at least INR 10 crore via reissue of 7.15 percent December 2031 bonds, invites bids on December 29
Manappuram Finance to raise at least INR 100 crore via three-year bonds at 6.95 percent coupon, invites bids on December 29
Citicorp Finance to raise at least INR 250 crore via two-year bonds, invites bids on December 29
L&T Metro Rail Hyderabad plans to raise funds via three-year and four-month, four-year and four-month and five-year and four-month bonds, invites bids on December 29
India Infradebt to raise at least INR 150 crore via reissue of 6.75 percent June 2027 bonds
Tata Capital Financial accepts bids worth INR 85 crore on reissue of 7.10 percent September 2031 bonds at 7.25 percent yield
Cholamandalam Investment accepts bids worth INR 360 crore on three-year bonds at 6.30 percent coupon
SK Finance accepts bids worth INR 35 crore on two-year and six-month bonds at 9.25 percent coupon
Indiabulls Infraestate accepts bids worth INR 75 crore on over 18-month bonds at 11.50 percent coupon, payable quarterly
Shriram Transport Finance raises INR 25 crore via 10-year bonds at 8.00 percent coupon
Commercial Papers:
NTPC to raise funds via three-month CP at 3.72 percent coupon
Chennai Petroleum Corp to raise funds via three-month CP at 3.77 percent coupon
Adani Ports to raise funds via three-month CP at 4.05 percent coupon