HDB Financial Services accepts bids for multiple tenor bonds, bankers say
Written by: Planify
Published: 10 April 2025
Updated: 10 April 2025
1 min read
India's HDB Financial Services has accepted bids worth 11 billion rupees ($127 million) for the sale of multiple tenor bonds, three bankers said on Wednesday.
The non-banking finance company will reissue September 2027 bonds at a yield of 7.6184%, and do a fresh issue of bonds maturing in three years and one month at 7.65% coupon, according to the bankers.
HDB Financial Services did not respond to a Reuters email seeking comment.
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