The NHPC issue will close on November 11, this year. Nearly 40 percent of the issue will be held for retail investors. It is rated AAA by ratings agencies CARE, India Ratings and ICRA.
Inflation index bonds were fully subscribed in RBI's auction on Tuesday. The effective interest rate comes around 8 percent. Largest institutions and primary dealers participated in the auction.
Non-banking finance company Shriram City Union Finance (SCUF) today said it will raise up to Rs 750 crore through a non -convertible debenture (NCD) issue which opens for subscription tomorrow.