|Chennai||Rs. 24470.00 (1.37%)|
|Mumbai||Rs. 24900.00 (0.97%)|
|Delhi||Rs. 24200.00 (1.26%)|
|Kolkata||Rs. 24160.00 (0%)|
|Kerala||Rs. 24000.00 (0.63%)|
|Bangalore||Rs. 23800.00 (0%)|
|Hyderabad||Rs. 24140.00 (1.17%)|
India's National Housing Bank plans to raise up to 5 billion rupees ($91.45 million) via bonds at 8.78 percent coupon, three sources with direct knowledge of the deal said on Tuesday.
The firm will issue 36-month unsecured bonds with a put/call option after 400 days.
The issue has a base size of 2.5 billion rupees, according to the termsheet obtained by Reuters.
Axis Bank, Nomura and HSBC India are the arrangers, they said.