India's National Bank for Agriculture and Rural Development (RBINDN.UL) plans to raise 80 billion rupees ($845.13 million) including a greenshoe option of 60 billion rupees, through a sale of bonds maturing in three years, five months and eight days, three bankers said on Tuesday.
NABARD has invited coupon and commitment bids for the issue on Friday, they said.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on June 30:
Issuer Tenure Coupon (in %) Issue size (in bln rupees)* Bidding date Rating | NABARD 3 years, 5 months and 8 days To be decided 20+60 July 3 AAA (Icra, Crisil) | NIIF Infrastructure Finance 5 years, 4 months and 25 days 7.80 5+2.5 July 1 AAA (Icra) | HDB Financial 2 years and 11 months 7.90 5+9.5 July 1 AAA (Crisil, Care) |
*Size includes base plus greenshoe for some issues
($1 = 94.6600 Indian rupees)