India New Issue — SIDBI accepts bids for over 3 — year bonds, bankers say

MUMBAI, Oct 14 (Reuters) — The Small Industries Development Bank of India (SIDBI) has accepted bids worth 51.76 billion rupees ($544.58 million) for a sale of bonds maturing in three years, one month and 24 days, three bankers said on Wednesday. The state-run financial institution will pay an annual coupon of 8.05% and had invited coupon and commitment bids earlier in the day, they said. SIDBI did not respond to a Reuters email seeking comment. Here is the list of deals reported so far on October 14: Issuer Tenure Coupon (in %) Issue size (in Bidding Rating bln rupees)* date SIDBI 3 years, 1 month 8.05 51.76 October 14 AAA (Crisil, and 24 days Care) Size includes base plus greenshoe for some issues ($1 = 95.0450 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Sonia Cheema) ((Dharamraj.dhutia@tr.com)