HUDCO accepts bids for 3-year bonds worth 30 billion rupees, bankers say
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India's Housing and Urban Development Corp 
HUDCO (HUDCO) has accepted bids worth 30 billion rupees ($349.74 million) for bonds maturing in three years, three bankers said on Tuesday.
The company will pay an annual coupon of 6.64% and had invited coupon and commitment bids from bankers and investors earlier in the day, they said.
HUDCO did not reply to a Reuters email seeking comment.
Here is the list of deals reported so far on July 15:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
HUDCO | 3 years | 6.64 | 30 | July 15 | AAA (Icra, India Ratings) |
Bajaj Housing Finance | 3 years | 6.97 | 5+5 | July 16 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 85.7770 Indian rupees)
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