HDFC Bank raised a record $1.75 billion through three- and five-year dollar bonds, marking the largest debt capital market raise by an Indian financial institution. Strong investor demand generated over $7 billion in bids, enabling tighter pricing and supporting FCNR(B) deposit funding.
Treasury heads in buying mode as 5-year yield jumps
With government bond yields now at attractive levels, treasury heads are actively thinking about making purchases. After the RBI’s FCNR(B) scheme ended, the five-year bond
August 21, 2026