India New Issue-Bajaj Finance accepts bids for 10-year bonds, bankers say
19/05/2026 11:50
MUMBAI, May 19 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 10.25 billion rupees ($106.18 million) for bonds maturing in 10 years, three bankers said on Tuesday. It will pay an annual coupon of 8.08% on this issue, and had invited bids earlier in the day, they said. The bonds will have a put option after three years. The company did not immediately respond to a Reuters email seeking comment. Here is the list of deals reported so far on May 19:
| Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
| Bajaj Finance | 10 years | 8.08 | 10.25 | May 19 | AAA (Crisil) |
| NIIF Infra Finance 7.88% Aug 2031 reissue | 5 years and 3 months | To be decided | 4+6 | May 20 | AAA (Icra) |
| Cholamandalam Investment | 3 years | 8.35 (yield) | 3.65+6.35 | May 20 | AA+ (Icra, Care) |
| ICICI Home Finance | 3 years | 7.25 (initial, reset quarterly) | 5.5+1 | May 20 | AAA (Icra) |
| Tata Capital | 2 years and 9 months | 7.42 (initial, reset quarterly) | 27.50+12.50 | May 20 | AAA (Crisil, Icra) |
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