HUDCO Bonds: Rates Hit 2022 Low

  Published 10 months ago

India's HUDCO secured ₹7.5 billion via 3, year bonds at a 6.52% coupon, the lowest since March 2022. This continues a trend of shorter borrowing durations driven by RBI liquidity and a steepening yield curve.

  • HUDCO consistently shortened bond tenors this quarter.
  • RBI liquidity boosts demand for shorter-term bonds.
  • Coupon rates align with other state-run issuers.

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