National Housing Bank raises Rs 3,830 cr through 10-year bonds at 7.14%

Quick Summary:

NHB received bids worth Rs 4,950 crore at a coupon of 7.16 per cent and Rs 4,310 crore at a coupon of 7.

The bonds have been rated ‘AAA’ by domestic credit agencies Crisil, Icra, and Care.

National Housing Bank raises Rs 3,830 cr through 10-year bonds at 7.

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Article Details

Category: BusinessFinance

Markets: India

Topics: 10-year bond Fund raising National Housing Bank NHB

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 15:39:21 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 488 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 29 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23583649

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