NaBFID has raised Rs 50 billion through the issuance of long-term bonds. The 15-year bonds carry a coupon rate of 7.25 per cent with a face value of Rs 100,000 each. The issue size comprised a base issue of Rs 20 billion and a greenshoe option of Rs 30 billion. The 0.5 million bonds issued were unsecured, non-convertible, taxable and redeemable.
Views of Pramod Rao: “The InvIT/REIT market requires greater adoption”
At present, 20 infrastructure investment trusts (InvITs) and five real estate investment trusts (REITs) have been registered with the Securities and Exchange Board of India (SEBI), with the combined net assets value exceeding Rs 2.5 […]
Key Financings: Across sectors
Policy The Reserve Bank of India (RBI) has held its key repo rate steady after six consecutive hikes, citing it was closely monitoring the impact of recent global financial turbulence. It may contemplate additional rate […]
