|Chennai||Rs. 27770.00 (-0.14%)|
|Mumbai||Rs. 29200.00 (2.31%)|
|Delhi||Rs. 27900.00 (-0.36%)|
|Kolkata||Rs. 28270.00 (1%)|
|Kerala||Rs. 27050.00 (-0.37%)|
|Bangalore||Rs. 27550.00 (1.66%)|
|Hyderabad||Rs. 27770.00 (-0.14%)|
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.