24 Aug 2020
Credit Spreads Snapshot For The Week • 3 and 12 Months CDF yields fell by 5-9 bps. • 3 and 12 Months NBFC CP yields fell by 10-18 bps. • Magma Housing Finance Ltd, AA-, issued Rs 1.4 billion, 1.5-year bond at 8.48%, 436 bps spreads • SBI Cards and Payments Services Ltd, AAA, issued Rs 5 billion, 3-year bond at 5.75%, 140 spreads • FII debt utilization status stood at 32.32% of total limits. FIIs investment in bonds came down by Rs 9.17 billion
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