NABARD to issue over 3-year bonds: Bankers

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 to issue over 3-year bonds: Bankers
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)
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