India New Issue-Summary of primary bond market deals reported on July 16

ICRA

16/07/2024 13:30

MUMBAI, July 16 (Reuters) - A summary of primary bond market deals in India as of 6:00
p.m. IST (1230 GMT) on July 16. Please note that the list includes deals reported by Reuters and
is not exhaustive.
    
             Issuer                                                              
                       Tenure        Coupon (in %)  Issue size (in  Bidding      Rating
                                                    bln rupees)*    date         
                                                                                 
             Muthoot   2 years and   8.97           3.46            July 16      AA+ (Crisil)
 Finance               6 months                                                  
                                                                                 
             Canara    10 years      7.40           100             July 16      AAA (India
 Bank                                                                            Ratings)
                                                                                 
             REC       11 years and  7.45           30              July 16      AAA (Icra)
                       1 month                                                   
 REC                   3 years and   7.56           30              July 16      AAA (Icra)
                       1 month                                                   
             Tata      2 years and   8.03% (yield)  1.50            July 15      AAA (Crisil,
 Capital Housing Sep   2 months                                                  Icra)
 2026 reissue                                                                    
                                                                                 
 Tata Capital Housing  3 years and   8.03% (yield)  1.90            July 15      AAA (Crisil,
 Nov 2027 reissue      4 months                                                  Icra)
 *Size includes base plus greenshoe for some issues

 (Reporting by Bhakti Tambe)
 ((Bhakti.Tambe@thomsonreuters.com))