India New Issue-HDB Financial to sell multiple tenor bonds, bankers say

HDB Financial Services

09/06/2026 10:41

MUMBAI, June 9 (Reuters) - India's HDB Financial Services HDBF.NS plans to raise 17 billion rupees through the reissuance of September 2028 and May 2029 bonds, and the fresh issue of three-year and one-month bonds, three bankers said on Tuesday.
The company will offer a yield of 8.04%, 8.09% and 8.23% to the investors of this issue, and has invited bids from bankers and investors on Wednesday. 
HDB Financial did not immediately respond to a Reuters email seeking comment. 
 
 Here is the list of deals reported so far on June 9:
Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
HDB Financial Sep 2028 reissue
2 years and 3 months
8.04 (yield)
0.5+2.5
June 10
AAA (Crisil, Care)
HDB Financial May 2029 reissue
2 years and 11 months
8.09 (yield)
1+3
June 10
AAA (Crisil, Care)
HDB Financial
3 years and 1 month
8.23 (yield)
10
June 10
AAA (Crisil, Care)
Axis Finance 
2 years and 7 months
7.70
2+6
June 10
AAA (India Rating)
NABARD 7.44% July 2029 Reissue
3 years and 1 month
To be decided
20+50
June 10
AAA (Icra, Crisil)

*Size includes base plus greenshoe for some issues


 (Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Nivedita Bhattacharjee)
 ((Dharamraj.dhutia@tr.com))