HDFC Bank allots 6.44% 2028 Bonds

HDFC Bank has issued and allotted today on a private placement basis 6.44% Unsecured, Redeemable Long Term, Fully Paid-up, Non-Convertible Bonds in the nature of Debentures amounting to Rs.5000 Crore (50000 Bonds of face value Rs.10,00,000/- each).

Shares of HDFC Bank Ltd. was last trading in BSE at Rs. 1624.25 as compared to the previous close of Rs. 1601.35. The total number of shares traded during the day was 438320 in over 16463 trades.

The stock hit an intraday high of Rs. 1635.6 and intraday low of 1610.15. The net turnover during the day was Rs. 712583660.

Source : Equity Bulls

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