India New Issue-Bajaj Finance accepts bids for multiple tenor bonds, bankers say

Bajaj Finance

18/02/2026 11:11

MUMBAI, Feb 18 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 25 billion rupees ($275.67 million) for bonds maturing in three years and one month and in five years, three bankers said on Wednesday.

It will pay an annual coupon of 7.40% and 7.55% on these issues and had invited coupon and commitment bids earlier in the day, they said.

The company did not immediately respond to a Reuters email seeking comment.

 Here is the list of deals reported so far on February 18:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Bajaj Finance
3 years and 1 month
7.40
10
February 18
AAA (Crisil)
Bajaj Finance
5 years
7.55
15
February 18
AAA (Crisil)
NIIF Infra Finance
5 years
7.68
9.05
February 18
AAA (Icra)
Poonawalla Fincorp
2 years and 4 months
7.8788
10
February 18
AAA (Crisil,Care)
Bajaj Housing 2028 bond reissue
2 years and 8 months
7.29 (yield)
10
February 18
AAA (Crisil)
REC
2 years
6.95
28.35
February 18
AAA (Icra, Crisil, Care)
NaBFID
3 years and 1 month
To be decided
10+40
February 20
AAA (Crisil, Icra, India Ratings)
Shriram Pistons
18 months
7.30 (quarterly)
5
February 20
AA+ (India Ratings)
Shriram Pistons
2 years
7.35 (quarterly)
5
February 20
AA+ (India Ratings)

     *Size includes base plus greenshoe for some issues

($1 = 90.6880 Indian rupees)

 (Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Sonia Cheema)

 ((Dharamraj.dhutia@tr.com))