India New Issue-Summary of primary bond market deals reported on March 15

Can Fin Homes

15/03/2024 12:30

MUMBAI, March 15 (Reuters) - A summary of primary bond market deals in India as of 6:00
p.m. IST (1230 GMT) on March 15. Please note the list includes deals reported by Reuters and is
not exhaustive.
    
 
  Here is the list of deals reported so far on March 15: 
             Issuer                                                             
                      Tenure        Coupon (in %)  Issue size (in  Bidding      Rating
                                                   bln rupees)*    date         
                                                                                
             Adani    2 years and   9.75           1.5             March 15     AA- (Crisil)
 Capital              11 months                                                 
                                                                                
 Adani Capital        3 years       9.75           1.5             March 15     AA- (Crisil)
             Aditya   3 years and   8.33           11.87           March 15     AAA (Icra,
 Birla Finance        2 months                                                  India Ratings)
                                                                                
             NTPC     2 years       To be decided  5+10            March 19     AAA (Crisil,
                                                                                Icra)
             Can Fin  5 years       To be decided  3+6             March 19     AAA (Careedge,
 Homes                                                                          Icra)
                                                                                
             LIC      3 years and   7.8588         5.05            March 14     AAA (Crisil,
 Housing May 2027     2 months      (yield)                                     Careedge)
 reissue                                                                        
                                                                                
 LIC Housing          9 years and   7.67 (yield)   5.03            March 14     AAA (Crisil,
 Feb 2034 reissue     11 months                                                 Careedge)
             Bajaj    2 years and   7.95           5               March 14     AAA (Crisil)
 Housing May 2026     2 months                                                  
 reissue                                                                        
                                                                                
             Kotak    5 years       8.05           5               March 14     AAA (Crisil)
 Mahindra Prime                                                                 
                                                                                
                      5 years       8.60           4.41            March 14     AA+ (Icra,
 Cholamandalam                                                                  India Ratings)
 Investment                                                                     
                                                                                
             HDFC     10 years      To be decided  10+20           March 18     AAA (Crisil,
 Bank                                                                           Careedge)
                                                                                
 
 * Size includes base plus greenshoe for some issues



 (Reporting by Dharamraj Dhutia; Editing by Dhanya Ann Thoppil)
 ((Dharamraj.dhutia@tr.com))