Hdfc Rupee-denominated 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 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.

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!

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.

In the first ever issue of 'masala bonds', housing finance major HDFC has raised Rs 3,000 crore through these rupee-denominated bonds that got over-subscribed by 4.3 times.

HDFC has chosen London Stock Exchange for raising this fund.

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 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.

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!

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.

In the first ever issue of 'masala bonds', housing finance major HDFC has raised Rs 3,000 crore through these rupee-denominated bonds that got over-subscribed by 4.3 times.

HDFC has chosen London Stock Exchange for raising this fund.