MUMBAI, – India’s National Bank for Agriculture and Rural Development (NABARD) has accepted bids aggregating to 50 billion rupees ($597.4 million) for a reissue of 7.70%, September 2027 bonds, three bankers said on Wednesday. The company has set a yield of 7.6280% on this reissue, for which it invited coupon and commitment bids from bankers and investors earlier in the day. Here is the list of deals reported so far on July 24: Issuer Tenure Coupon (in %) Issue size (in Bidding bln rupees)* date Rating NABARD 3 years and 7.6280 yield 50 July 24 AAA(Icr Sept 2027 2 months a, bond Crisil) reissue *Size includes base plus greenshoe for some issues ($1 = 83.6940 Indian rupees) (Reporting by Bhakti Tambe and Dharamraj Dhutia; Editing by Sonia Cheema)
