Short-Term Debt
SIDBI raises INR 120 bln via 3-month CP, 1-year CD Fri
This story was originally published at 20:03 IST on 5 June 2026
Register to read our real-time news.Informist, Friday, Jun. 5, 2026
By Nandini Sinha and J. Navya Sruthi
MUMBAI – The Small Industries Development Bank of India Friday tapped the short-term debt market to raise a total of INR 120 billion, a dealer at the state-owned financial institution told Informist.
SIDBI raised INR 60 billion through a three-month commercial paper at a rate of 7.24%, and another INR 60 billion through a 1-year certificate of deposit at a rate of 7.85%.
Yields on three-month AAA-rated papers issued by non-banking financial companies were 7.75-7.80%, down 10 basis points from 7.85-7.90% Thursday. Six-month CPs were unchanged at 8.00-8.05%, while yields on one-year CPs were down 5-10 bps at 8.05-8.10% from 8.10-8.20% Thursday.
The yields on AAA-rated three-month and six-month CDa fell 10 bps each Friday to 7.10-7.15% and 7.55-7.60%, respectively. The yields on one-year CD were 7.85-7.90%, against 7.80-7.90% Thursday. End
Edited by Avishek Dutta
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