HDFC Bank to hit dollar bond market under new subsidised scheme: Sources
Published on: June 16, 2026, 11:14 a.m. | Source: The Economic Times
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 of 5-year U.S. Treasury yield plus 120 basis points, is expected to see strong demand. Proceeds will fund foreign branches and subsidiaries, and general corporate purposes.
