MUMBAI, March 15 (Reuters) - India's LIC Housing Finance has accepted bids worth an aggregate of 28.66 billion
rupees ($346.24 million) for reissue of 7.82% November 2025
bonds and 7.95% January 2028 bonds, three merchant bankers said
on Wednesday.
The housing finance company had invited bids from bankers
and investors for both the bond issues earlier in the day, the
merchant bankers said.
It will offer a yield of 8.12% and 8.15% on these issues
respectively, and they will be settled on Thursday.
The bonds are rated "AAA" by CRISIL, and the company
accepted bids worth 8.55 billion rupees and 20.11 billion rupees
on these notes, respectively.
($1 = 82.7750 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Shilpi Majumdar)
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