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News 2026-10-16 06:52 UTC

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

News 2026-10-16 06:50 UTC

NABARD Accepts 32.79 Billion Rupees of Three-Year Bond Bids

India's National Bank for Agriculture and Rural Development accepted bids worth 32.79 billion rupees for bonds maturing in three years, two months and 23 days. The bonds carry an annual coupon of 8.13%, bankers said.