Major issuers raise nearly Rs 17,000 crore through bonds on Thursday

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Major issuers raise nearly Rs 17,000 crore through bonds on Thursday - Business Standard

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Major state-owned and non-state-owned companies tapped the domestic debt capital market on Thursday, raising around Rs 17,000 crore through bond issuances.

Power Finance Corporation (PFC) raised Rs 3,340 crore at a coupon rate of 7.44 per cent via bonds maturing in five years and Rs 3,075 crore at 7.40 per cent through bonds maturing in 10 years.