|Chennai||Rs. 27770.00 (0.07%)|
|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%)|
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.