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India Corporate Debt Pipeline as on Nov 27

Fri Nov 27, 2009 11:52am IST
 
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 MUMBAI, Nov 27 (Reuters) - Following is a list of the
latest and recently concluded corporate bond issuances and news
stories related to them.
 NEW ISSUES:
 -----------
 Issuer               Size             Coupon          Maturity
                (bln rupees)       (in pct)
 None
 ISSUES OPEN:
 ------------
 Bank of India           3.25            9.00         Perpetual
                                                       
(T1)
 ISSUES CLOSED:
 --------------
 West Bengal
 Financial Corp          0.5             8.60            
10-yr
 Punjab National Bank    5               8.50             15-yr
                                                       (UT2)
                      2               9.00         Perpetual
                                                       
(T1)
 Allahabad Bank          5               8.58             15-yr
                                                      
(UT2)
 State Bank of Mysore    1               9.10         Perpetual
                                                       
(T1)
 Shree Cements           3               8.10             
3-yr
 Tube Investments        0.5             8.50             
5-yr
 IDBI Bank               2.5*            8.53             10-yr
                                                      
(LT2)
 IDBI Bank               2.5*            8.90             15-yr
                                                      
(UT2)
 Bank of Baroda          6               9.15         Perpetual
                                                       
(T1)
 Exim Bank               5               5.55             
3-yr
 Exim Bank               5               5.60             
3-yr
 NPCIL                   7               8.50             10-yr
                      6.5         GSec+190 bps        
10-yr
 Indian Oil              20.44           8.20             
2023
 LATEST NEWS
 ---------------------------------------------------------------
 - Steel Authority of India (SAIL.BO: Quote, Profile, Research) will accept bids for at
least 3 billion rupees of bonds on Wednesday. [ID:nBOM291921]
 State Bank of India (SBI.BO: Quote, Profile, Research) plans to raise 5 billion
rupees to 10 billion rupees via a sale of perpetual bonds.
[ID:nBOM131926]
 India's Exim Bank on Thursday raised 2.5 billion rupees via
commercial paper. [ID:nBOM140506]
 *-Issue has a greenshoe option to retain oversubscription
 **-Final book not yet compiled
LT2-Lower Tier II bonds
UT2-Upper Tier II bonds
T1- Perpetual Tier I
  (Reporting by Mumbai Treasury Desk; Editing by Harish
Nambiar)
  ((jeanette.rodrigues@thomsonreuters.com; +91-22-6636-9037;
Reuters Messaging:
jeanette.rodrigues.reuters.com@reuters.net))
 ((If you have a query or comment on this story, send an email
to news.feedback.asia@thomsonreuters.com))
 For news on debt issues, Reuters 3000 Xtra users can double
click on one of the following:
 Indian bond issuances            [IN-DBT-ISU-LEN-RTRS]
 Asia debt news                   [ASIA-DBT-LEN-RTRS]
 India Corporate debt pages on Reuters: INCORP01
 Spreads over Indian federal bonds       <0#AAAINBMK=>
 Indian secondary corporate bond deals   INCORPBOND
 Secondary market Indian CP Prices       INCP01
 India Certificates of Deposit page      INCD01 
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