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Author: Khushboo Mandani

Daily Market Analysis

Daily Market Analysis – 26th May 2021 (Bonds)

byKhushboo MandaniMay 26, 2021

HDFC to raise up to ₹7,000 crore by issuing bonds HDFC is looking to raise up to ₹7,000 crores by issuing secured redeemable non-convertible debentures (NCDs) with a base size of ₹5,000 crores and an option to retain oversubscription of up to ₹2,000 crores. The issue of the bonds opens on May 28, 2021, and will close on the same day. The mortgage lender will offer a coupon rate of 6% p.a...