yield

Edelweiss Financial Services’ Rs 200 cr NCD issue opens, to have 9-10.5% annual yields

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Edelweiss Financial Services said its Rs 200 crore public issue of debentures opened on Monday. The non-convertible debentures (NCDs) will have an effective annual yield of 9 per cent to 10.46 per cent. The issue will close on April 23. The NCDs carry fixed coupons and have a tenure of 24 months, 36 months, 60 … Read more

yield: Benchmark 10-year yield softens to 9-month low

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Mumbai: The yield on India’s 10-year benchmark government paper slid to its lowest level in nine months, helping bring down the cost of borrowing across the economy, as a fall in US bond yields and lower than anticipated supply of local debt created appetite for sovereign debt. The 10-year benchmark bond yield closed at 7.02%, … Read more