HDFC, which is in the process of merging itself with the bank it helped spawn, offered to pay a coupon of 7.97% for the 10-year money, the company said in a statement. That compares with the benchmark bond yield of 7.34% Thursday.
US stock: S&P 500 ends lower as investors weigh data, Middle East tensions
The S&P 500’s streak came to an end, falling from its peak as weaker retail sales suggested caution among consumers. Despite a strong outlook, Applied