India New Issue-Bajaj Housing accepts bids for May 2029 reissue, bankers say

Bajaj Housing Finance

04/06/2026 11:02

    MUMBAI, June 4 (Reuters) - India's Bajaj Housing Finance BAJO.NS accepted bids worth 20 billion rupees ($208.8 million) for the reissue of 7.83% May 2029 bonds, three bankers said on Thursday.
It will offer a yield of 8.15%, and had invited commitment bids for the issue 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 June 4: 

            Issuer
          

            Tenure
          

            Coupon (in %)
          

            Issue size (in bln rupees)*
          

            Bidding date
          

            Rating
          
Bajaj Housing Finance 7.83% May 2029 bond
2 years and 11 months
8.15 (yield)
20
June 4
AAA (Crisil)

            PNB Housing Finance
          
5 years
8.35
4+1
June 5
AAA(Care, India Ratings)

            REC
          
2 years 8 months and 18 days
To be decided
5+25
June 8
AAA (Care, Crisil, Icra

*Size includes base plus greenshoe for some issues

($1 = 95.7650 Indian rupees)

 (Reporting by Dharamraj Dhutia, Khushi Malhotra; Editing by Varun H K)
 ((Dharamraj.dhutia@tr.com, khushi.malhotra@tr.com))