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

MUMBAI, Oct 16 (Reuters) — India's National Bank for Agriculture and Rural Development has accepted bids worth 32.79 billion rupees ($344.93 million) for bonds maturing in three years, two months and 23 days, three bankers said on Friday. It will pay an annual coupon of 8.13% and had invited coupon and commitment bids for the issue earlier in the day, they said. The company did not immediately respond to a Reuters email seeking comment. Here is the list of deals reported so far on October 16: Issuer Tenure Coupon Issue size (in Bidding Rating (in %) bln rupees)* date NABARD 3 years, 2 months 8.13 32.79 October AAA (Icra, and 23 days 16 India Ratings) Size includes base plus greenshoe for some issues ($1 = 95.0625 Indian rupees) (Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Priyanka G) ((Dharamraj.dhutia@tr.com)