Private sector spurs bond mobilisation to new high - News Summed Up

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Private sector spurs bond mobilisation to new high


The surge was primarily due to higher mobilisation by the private sector. Incidentally, the share of the private sector, currently pegged at 47%, has been rising steadily. Six years ago, the private sector share was 23% in the overall segment. The highest mobilisation through debt private placements in the year was by HDFC (₹44,546 crore) followed by PFC (₹41,115 crore), NHAI (₹33,118 crore) and LIC Housing (₹26,874 crore). In terms of coupon rates, 35% of the total amount raised was in the 7-8% coupon range and 32% of the amount was in the 8-9% per cent coupon range.


Source: The Hindu May 17, 2017 16:57 UTC



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