HDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external borrowings. This move aims to attract foreign currency, with other major banks and public sector units expected to follow suit. The bond issuance saw strong investor demand, particularly from Asia.

HDFC Bank plans to raise at least $500 million via dollar bonds this week, utilizing the central bank's subsidized hedging window. The five-year bond issue, with initial guidance…

Bank may raise over $500 million through a five-year dollar bond amid strong investor demand.

HDFC Bank has successfully raised $750 million through dollar bonds. This move capitalizes on the Reserve Bank of India's subsidized hedging facility for overseas borrowings. The…

HDFC Bank raises $750 million in the largest offshore bond deal by an Indian lender since May 2023.

HDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external borrowings. This move aims to attract…