Here’s a look at the key bond market deals on Tuesday.
Key highlights:
3 month CP rates have cooled off and are now at and below 3.8 percent
Jana holdings has raised money at 16 percent
NON-CONVERTIBLE DEBENTURES:
NHAI sets 6.87 percent coupon on 10-year and four-month bonds, accepts bids worth Rs 1180 crore
Axis Bank accepts bids worth Rs 2600 crore on 10-year infrastructure bonds at a 6.99 percent coupon
Jana Holdings accepts bids worth Rs 225 crore on a 16.00 percent yield
Sundaram Home Finance to raise at least Rs 150 crore via two-year bonds, invites bids on Dec. 21
Sonata Finance to raise Rs 75 crore via three-year bonds at 12.30 percent coupon, invites bids on Dec. 22
Annapurna Finance raises Rs 63.3 crore via five-year bonds at an 11.30 percent semi-annual coupon
HDFC Bank likely to raise funds via 10-yer infrastructure bonds soon
IOC likely to raise funds via five-year bonds soon
COMMERCIAL PAPERS:
Bajaj Finance to raise funds via one-week CP at 4.50 percent coupon
SAIL to raise funds via one-month CP at 3.65 percent coupon
Reliance Retail Ventures to raise funds via three-month CP at 3.77 percent coupon
Alembic Pharma to raise funds via three-month CP at 3.80 percent coupon
Catch all the stock market live updates here.
