NHAI arm’s Rs 5,000 crore bonds get 50x bids

NHAI arm’s Rs 5,000 crore bonds get 50x bids

Aditya Birla MF, Axis MF, Morgan Stanley, ICICI Bank and AK Capital are said to have subscribed to these bonds that offer 6.85% for now every quarter, on a par with the sovereign benchmark bonds, market sources told ET. Individual investors could not be contacted immediately.

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