Here is an overview of the main transactions in the bond market on Monday.
Non-convertible debentures:
Tata Capital to raise at least INR 100 crore via two-year and one-month bonds at 6.4912% coupon, launches tender on January 14
Tata Capital to raise at least INR 100 crore via three-year 6.75% coupon bonds, launches tender on Jan 14
LIC Housing Finance is accepting bids worth INR 1,250 crore on the August 2023 5.45% Bond Reissue at a yield of 5.48%
LIC Housing Finance is accepting offers worth INR 500 Crore on September 2023 4.96% Bond Reissue at a yield of 5.48%
GR Infraprojects will raise at least INR 75 crore via 10-year bonds with a coupon of 7.70% and launches a tender on January 19
Federal Bank expected to raise INR 700 crore soon via 10-year Tier II bonds
Commercial papers:
Bajaj Housing Finance to raise funds via a nine-month CP with a coupon of 4.75%
Network 18 Media to raise funds via 11-month CP with 4.78% coupon
