HDFC plans to raise up to 10 billion rupees via bonds
Housing Development Finance Corp has planned to raise up to 10 billion rupees through 15-month bonds
By : DC Correspondent
Update: 2014-03-21 15:33 GMT
Mumbai: Housing Development Finance Corp (HDFC), India's biggest mortgage lender, is planning to raise up to 10 billion rupees through 15-month bonds at 9.60 per cent annual coupon, said a source with direct knowledge of the matter.
HDFC also stated that its base size of the issue is 5 billion rupees.