Hdfc Masala Bonds

The company will be taking a call on the new fund raising from January, once the holiday season in the west is over, says Mr Mistry.

Three other Indian companies - National Agri Authority of India, Energy Efficiency Services Ltd and Indian Renewable Energy Development Agency Ltd - are also planning to rise funds through masala bonds in London.

The issue carried a coupon rate of 7.25 per cent per annum payable semi-annually. The bonds will mature on January 9, 2020, HDFC said.

The issue carries a coupon rate of 7.25 per cent per annum payable semi-annually. The bonds will mature on January 9, 2020, said HDFC, the country's largest mortgage lender.

Mortgage lender HDFC today said it will raise up to Rs 500 crore through rupee-denominated bonds from overseas investors.

Bankers are finding new ways to sell India's "masala" bonds by structuring this rupee-denominated debt issued abroad into derivatives, and then sweetening the deal with leveraged returns of 12 to 13 percent after fees and hedging.

Housing finance major HDFC has raised a total of Rs 4,500 crore so far by issuing masala bonds to overseas investors.

Indiabulls Housing Finance said it has raised Rs 1,330 crore through a three-year masala bond sale to international investors, making it the second home finance company after market leader HDFC to raise funds through this route.

Canada's Province of British Columbia has become the first foreign government entity to issue a masala bond by floating Rs 500 crore rupee denominated overseas bonds on the London Stock Exchange.

Housing finance major HDFC on Monday said it plans to raise up to Rs 500 crore through issuance of Rupee denominated bonds to overseas investors.

After a long period of lull, there has been a sudden spate of activity in masala bonds. After HDFC, Adani Transmission and NTPC have hit the masala bond market.

The first ever rupee-denominated bond in the world by an Indian company was launched today by HDFC Ltd. Termed as 'masala bond', the company's chairman Deepak Parekh launched it in the land of James Bond!

Household Development Finance Corporation (HDFC) aims to raise more money via so-called "masala" bonds after making its debut issue last month and other Indian companies may follow, the bank's executives said.

HDFC Ltd's issue of Rs 3,000 crore rupee-denominated bond in overseas market is credit positive as it will help determine benchmark pricing for potential issuers including PSUs like IRFC, REC and PFC, Moody's Investors Service said today.

Private sector mortgage lender HDFC raising Rs 3,000 crore via masala bonds is expected to open the gates for other corporate peers to access this alternate source of funds, Japanese financial services major Nomura has said.

The company will be taking a call on the new fund raising from January, once the holiday season in the west is over, says Mr Mistry.

Three other Indian companies - National Agri Authority of India, Energy Efficiency Services Ltd and Indian Renewable Energy Development Agency Ltd - are also planning to rise funds through masala bonds in London.

The issue carried a coupon rate of 7.25 per cent per annum payable semi-annually. The bonds will mature on January 9, 2020, HDFC said.

The issue carries a coupon rate of 7.25 per cent per annum payable semi-annually. The bonds will mature on January 9, 2020, said HDFC, the country's largest mortgage lender.

Mortgage lender HDFC today said it will raise up to Rs 500 crore through rupee-denominated bonds from overseas investors.

Bankers are finding new ways to sell India's "masala" bonds by structuring this rupee-denominated debt issued abroad into derivatives, and then sweetening the deal with leveraged returns of 12 to 13 percent after fees and hedging.

Housing finance major HDFC has raised a total of Rs 4,500 crore so far by issuing masala bonds to overseas investors.

Indiabulls Housing Finance said it has raised Rs 1,330 crore through a three-year masala bond sale to international investors, making it the second home finance company after market leader HDFC to raise funds through this route.

Canada's Province of British Columbia has become the first foreign government entity to issue a masala bond by floating Rs 500 crore rupee denominated overseas bonds on the London Stock Exchange.

Housing finance major HDFC on Monday said it plans to raise up to Rs 500 crore through issuance of Rupee denominated bonds to overseas investors.

After a long period of lull, there has been a sudden spate of activity in masala bonds. After HDFC, Adani Transmission and NTPC have hit the masala bond market.

The first ever rupee-denominated bond in the world by an Indian company was launched today by HDFC Ltd. Termed as 'masala bond', the company's chairman Deepak Parekh launched it in the land of James Bond!

Household Development Finance Corporation (HDFC) aims to raise more money via so-called "masala" bonds after making its debut issue last month and other Indian companies may follow, the bank's executives said.

HDFC Ltd's issue of Rs 3,000 crore rupee-denominated bond in overseas market is credit positive as it will help determine benchmark pricing for potential issuers including PSUs like IRFC, REC and PFC, Moody's Investors Service said today.

Private sector mortgage lender HDFC raising Rs 3,000 crore via masala bonds is expected to open the gates for other corporate peers to access this alternate source of funds, Japanese financial services major Nomura has said.