|Chennai||Rs. 25020.00 (0.81%)|
|Mumbai||Rs. 25890.00 (0.98%)|
|Delhi||Rs. 25200.00 (-0.2%)|
|Kolkata||Rs. 25480.00 (1.03%)|
|Kerala||Rs. 24800.00 (0.61%)|
|Bangalore||Rs. 25000.00 (0.81%)|
|Hyderabad||Rs. 25080.00 (1.09%)|
Housing Development Finance Corporation , India's biggest mortgage lender, plans to raise up to 11.50 billion rupees ($209.68 million) through two separate bond deals, a source with direct knowledge of the matter said.
The company will raise 5 billion rupees through 1-year 1-day bonds at 9.50 percent, said the source, adding HSBC was the sole arranger to the bond sale.
HDFC is also raising up to 6.5 billion rupees through 14-month papers, the source said.
It will pay a coupon of 9.50 percent with an annualised yield of 9.43 percent and Credit Suisse is an investor in the deal, the source added.