India New Issue-Blue Star to issue 3-month CP - traders

Blue Star

26/05/2023 08:09

India's Blue Star  BLUS.NS  plans to raise funds by selling commercial papers maturing in three
months at a yield of 7.15%, three merchant bankers said. 


Below is the list of deals reported so far on May 26:
 Issuer               Instrument type   Tenure (in    Yield     Amount (in bln
                                        months)       (in %)    rupees)
 Blue Star            CP                3             7.15      0.5
 Punjab & Sind Bank   CD                3             7.18      5
 
($1 = 82.7200 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Sohini Goswami)
 ((Dharamraj.Dhutia@thomsonreuters.com;))