Here’s a look at the key bond market deals on Thursday.
Non-Convertible Debentures:
PNB Metlife India Insurance accepts bids worth INR 400 crore on 10-year subordinated bonds at 8.12 percent coupon
Bank of Baroda to raise at least INR 250 crore via additional Tier I perpetual bonds, invites bids on January 27
Rashtriya Chemicals and Fertilizers to raise at least INR 200 crore via three-year bonds, invites bids on January 27
Kotak Mahindra Prime to raise INR 500 crore via reissue of 5.80 percent February 2024 bonds at 5.85 percent yield, invites bids on January 27
NIIF Infra Finance to raise at least INR 5 crore via reissue of 6.75 percent February 2027 bonds at 7.10 percent yield, invites bids on January 27
Manappuram Finance to raise at least INR 100 crore via two-year bonds at 6.93 percent coupon, invites bids on January 27
Manappuram Finance to raise at least INR 100 crore via two-year and one-month bonds at 6.93 percent coupon, invites bids on January 27
Tata Capital Housing Finance to raise funds via 2-year zero-coupon bonds at 5.85 percent IRR
IDFC First Bank board approves raising up to INR 2,000 crore via Tier II bonds
HDFC Credila in talks to raise funds via 10-year bonds at 7.50 percent likely coupon
Commercial Papers:
Godrej Industries to raise funds via three-month CP at 3.92 percent coupon
CESC to raise funds via three-month CP at 3.95 percent coupon
Tata Capital Housing Finance to raise funds via three-month CP at 4.00 percent coupon
Birla Group Holdings to raise funds via three-month CP at 4.57 percent coupon
