India New Issue-Summary of primary bond market deals reported on July 30

ICRA

30/07/2024 13:30

MUMBAI, July 30 (Reuters) - A summary of primary bond market deals in India as of 6:00
p.m. IST (1230 GMT) on July 30. Please note that the list includes deals reported by Reuters
and is not exhaustive.
             Issuer                                                           
                       Tenure        Coupon (in %)  Issue size (in            Rating
                                                    bln rupees)*    Bidding   
                                                                    date      
                                                                              
                                                                              
 Cholamandalam         6 year and    9.10           20              July 30   AA+ (India
 Investment            11 months                                              Ratings, Icra)
             Tata      2 year and 2  8.0298         4               July 29   AAA (Crisil,
 Capital Housing       months        (yield)                                  Icra)
 Sept 2026 reissue                                                            
                                                                              
 Tata Capital Housing  3 year and 4  7.9728         5               July 29   AAA (Crisil,
 Nov 2027 reissue      months        (yield)                                  Icra)
             IIFCL     15 years      7.41           5.15            July 30   AAA (India
                                                                              Ratings)
             LIC       9 years and   7.62 (yield)   7.51            July 29   AAA (Crisil,
 Housing May 2034      10 months                                              Careedge)
 reissue                                                                      
                                                                              
             Bank of   10 years      To be decided  5+25            Aug 1     AA+ (Icra,
 Maharashtra                                                                  Careedge Ratings)
                                                                              
 
*Size includes base plus greenshoe for some issues

 (Reporting by Bhakti Tambe; Editing by Janane Venkatraman
)
 ((Bhakti.Tambe@thomsonreuters.com))