|Chennai||Rs. 24840.00 (-0.36%)|
|Mumbai||Rs. 25460.00 (-0.16%)|
|Delhi||Rs. 25450.00 (2.21%)|
|Kolkata||Rs. 25000.00 (0%)|
|Kerala||Rs. 24700.00 (0%)|
|Bangalore||Rs. 25050.00 (1.42%)|
|Hyderabad||Rs. 24930.00 (1.63%)|
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.