India's National Bank for Agriculture and Rural Development (NABARD) plans to raise 80 billion rupees ($866.12 million) through the sale of bonds maturing in three years and four months, three bankers said on Friday.
By Reuters |
India's National Bank for Agriculture and Rural Development (NABARD) plans to raise 80 billion rupees ($866.12 million) through the sale of bonds maturing in three years and four months, three bankers said on Friday. NABARD has invited coupon and commitment bids for the issue on Monday, they said. The company did not respond to a Reuters email seeking comment. Here is the list of deals reported so far on March 13 Issuer Tenure Coupon (in %) Issue size (in Rating bln rupees)* Bidding date NABARD 3 year and 4 To be decided 20+60 March 16 AAA (Icra, months Crisil) *Size includes base plus greenshoe for some issues ($1 = 92.3660 Indian rupees)