India's Capri Global Capital will become the latest entity to debut in the foreign currency debt market, with plans to raise funds through U.S. dollar denominated bonds, two merchant bankers said on Monday. The non-banking finance ‌company will ⁠aim ⁠to raise funds through bonds with a maturity of three years and three months and has lined up calls with investors on Tuesday. The company should finalise the pricing on the issue before the end of this week, the bankers added.JGB yields rise as inflation concerns grow on BOJ policy outlookJapanese government bond yields climbed as inflation worries grew. Reports suggest the government might steer the Bank of Japan towards its pro-growth economic plans, potentially slowing interest rate hikes. This move, aimed at boosting annual real economic growth beyond 1%, has sparked concerns that the central bank could lag in tackling rising prices. The government's new economic framework is expected next month. The bankers requested anonymity as ⁠they are ‌not authorised to speak to media. Capri Global Capital did not reply to a ⁠Reuters email seeking comment. "The company may target around $300 million, but if the demand is strong, we could not rule out a benchmark size issue of $500 million," one of the bankers said. In April, Capri Global Capital had raised five billion rupees ($53.03 million) through a public issue of debt. Earlier this ‌financial year, Managing Director Rajesh Sharma had said the company, which has assets under management of around 300 ⁠billion rupees ($3.18 billion), will look to increase the share of capital market borrowings on its books and will focus more on bond issuances this year. Currently, capital markets comprise around 20% of the company's total borrowings, and Capri aims to raise that share to around 40%-50%, the MD had added. ($1 = 94.3100 Indian rupees)