The Notes will be denominated in US dollars, and will bear fixed interest of 2.875% per annum, with interest payable semi-annually in arrears.
Axis Bank has announced that the Bank has on June 01, 2016, allotted Senior Fixed Rate Green Bonds aggregating to USD 500,000,000 (USD Five Hundred Million only) under the MTN Programme through its Dubai International Financial Centre (DIFC) branch. The notes will be listed at the Singapore Stock Exchange and London Stock Exchange
The Notes have been priced at 160 basis points over the 5-year US Treasury Note, at a price of 99.479% to yield 2.988%. The Notes will be denominated in US dollars, and will bear fixed interest of 2.875% per annum, with interest payable semi-annually in arrears.
The Notes have been priced at 160 basis points over the 5-year US Treasury Note, at a price of 99.479% to yield 2.988%. The Notes will be denominated in US dollars, and will bear fixed interest of 2.875% per annum, with interest payable semi-annually in arrears.
Axis Bank Ltd ended at Rs. 513.35, down by Rs. 2.25 or 0.44% from its previous closing of Rs. 515.6 on the BSE.
The scrip opened at Rs. 525 and touched a high and low of Rs. 529.5 and Rs. 511.35 respectively. A total of 10307417(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 122479.65 crore.
The BSE group 'A' stock of face value Rs. 2 touched a 52 week high of Rs. 613.4 on 16-Jul-2015 and a 52 week low of Rs. 366.65 on 18-Jan-2016. Last one week high and low of the scrip stood at Rs. 529.5 and Rs. 500.2 respectively.
The promoters holding in the company stood at 29.73 % while Institutions and Non-Institutions held 56.64 % and 10.27 % respectively.
The stock traded above its 50 DMA.
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