Bonds/Securities

The Centre will raise Rs 8.2 trillion, or 51 per cent of the revised annual gross borrowing target of Rs 16.09 trillion, from the market in the first half of 2026-27, including Rs 150 billion […]

Adani Road Transport’s two special purpose vehicle (SPVs), accepted bids worth Rs 11.25 billion against the bond issue. Mancherial Repallewada Road accepted bids worth Rs 2.37 billion (8.28 per cent coupon rate) through six-year and […]

Punjab and Sind Bank is planning to raise up to Rs 30 billion through infrastructure bonds. Prior to this, amid a challenging environment for deposits, multiple banks have raised funds through infrastructure bonds. The bank […]

According to ICRA, bond issuances are estimated to reach Rs 1.2-1.3 trillion in 2024-25 compared to the previous high of Rs 1.1 trillion in 2022-23 and 1 trillion in 2023-24. Public sector banks are expected […]

The Maharashtra State Road Development Corporation (MSRDC) is set to float bonds worth Rs 277.50 billion to fund the Pune ring road project and the Virar-Alibaug multimodal corridor. Around Rs 222.50 billion will be allocated […]

RBI is planning to buy back Rs 300 billion worth of government securities. The government has offered to buy back the 7.35 per cent bond maturing on June 22, 2024, the 8.4 per cent bond […]

Nxt-Infra Trust, an infrastructure investment trust (InvIT) sponsored by Actis, has raised Rs 15.20 billion in its initial fundraise. The InvIT holds six road assets that were acquired by Actis from the Welspun group in […]

Bank of India (BOI) is planning to raise up to Rs 50 billion via infrastructure bonds, shortly after the State Bank of India’s (SBI’s) infrastructure bonds issuance. India Ratings has assigned “AA+” rating to the […]

State Bank of India (SBI) has raised Rs 100 billion via infrastructure bonds at a coupon rate of 7.36 per cent. With the current issuance, the total outstanding long-term bonds issued by the bank stand […]

Kalpataru Projects International Limited has raised Rs 3 billion through the issuance of non-convertible debentures (NCDs) on private placement basis. The NCDs will be listed on the wholesale debt market segment of Bombay Stock Exchange […]

According to a regulatory filing, Bharti Airtel has allotted equity shares worth around Rs 2.46 billion to its foreign debt bond holders that are due for maturity in February 2025. As per the filing, following […]

The board of Bank of India (BoI) has given approval to raise Rs 100 billion via long-term infrastructure bonds in 2024-25 to fund infrastructure projects. Of late, many banks including SBI have issued infrastructure bonds […]

Adani Energy Solutions, formerly Adani Transmission, is planning to raise around $400 million-$500 million through a private placement of bonds. The fundraising will involve a private placement of Regulation-D notes, a provision that exempts certain […]

The Rural Electrification Corporation (REC) will adopt an uncommon structure to raise Rs 50 billion ($603.2 million) via a private placement of 10-year long deep-discount bonds before the end of March 2024. Bankers anticipate a […]

Power Grid Corporation of India Limited’s (Powergrid’s) board has approved a proposal to raise up to Rs 12 billion through bond issuance. The committee of directors for bonds has approved the issuance of unsecured, non-convertible, […]

The Vadodara Municipal Corporation (VMC) is planning to issue Asia’s first certified green municipal bond for sustainable water infrastructure worth Rs 1 billion. The bond aims to foster sustainable urban development, aligned with the Paris […]

According to industry sources, Bharat Sanchar Nigam Limited (BSNL) is planning to issue two 10-year government-guaranteed bonds to raise funds up to Rs 24.06 billion ($290.3 million), which includes a greenshoe option of Rs 18.01 […]

Power Grid Corporation of India Limited’s (Powergrid) board has approved the proposal aimed at raising up to Rs 12 billion through bond issuance. The committee of directors for bonds has approved the issuance of unsecured, […]

The Rural Electrification Corporation (REC) will tap an uncommon structure to raise Rs 50 billion ($603.2 million) via a private placement of 10-year long deep-discount bonds before the end March 2024. Bankers expect a strong […]

As per media sources, GMR Airports (GMR) has raised funds worth Rs 22.5 billion from finance companies and private credit investors. The funds were reportedly raised at 13.275 per cent in the form of listed, […]