Final price guidance for the 5.5-year tranche has been set at 9.475%, while the 8.25-year tranche is at 9.850%, which is tight pricing given the current market environment, the source added. The five-year US treasury currently yields 4.6%.
Credit card issuance hits strongest pace in more than two years
The additions were led, once again, by the country’s largest issuers. HDFC Bank topped the list, adding 163,000 net new credit cards and edging past