India New Issue-Bajaj Housing Finance accepts bids for 10-year bonds, bankers say
03/08/2026 08:33
India New Issue-Bajaj Housing Finance accepts bids for 10-year bonds, bankers say MUMBAI, Aug 3 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bids worth 18.85 billion rupees ($197.87 million) for bonds maturing in 10 years, three bankers said on Monday.
The housing finance company will pay an annual coupon of 7.87% on this issue and had invited 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 August 3:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing | 10 years | 7.87 | 18.85 | August 3 | AAA (Crisil, India Ratings) |
*Size includes base plus greenshoe for some issues
($1 = 95.2650 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Nivedita Bhattacharjee)
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