Indian Banks & Financials
Indian banks and financial issuers.
Indian financial sector issuance offers compelling US dollardenominated yield opportunities for institutional portfolios, with topscreened papers spanning the mid7% to high8% yieldtomaturity range across liquid 20272030 maturities. Capital powerhouses like the 2029 maturities from CPRGLC lead the screening curve with aggressive yields approaching 8.69%, presenting highbeta emerging market credit exposure backed by robust domestic balance sheet fundamentals. Mediumterm issuances from IIFOIN and IHFLIN—such as the 2030 paper yielding 8.56% and the 2028 highcoupon notes—provide attractive riskadjusted spread pickup for crossborder investors navigating shifting macroeconomic and rate environments.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Capri Global Capital Ltd | …AA75 | 7.55 | 8.689 | 96.875 | 2029-12-09 | High Yield 1 | USD | 300MM | |
| 2 | Capri Global Capital Ltd | …AA11 | 7.55 | 8.684 | 96.8875 | 2029-12-09 | High Yield 1 | USD | 300MM | |
| 3 | IIFL Finance Ltd. | …MP79 | 7.6 | 8.557 | 97 | 2030-07-10 | B+ | USD | 300MM | |
| 4 | Sammaan Capital Ltd. | …9232 | 7.5 | 8.364 | 97.13 | 2030-10-16 | BB- | USD | 450MM | |
| 5 | IIFL Finance Ltd. | …MD40 | 7.6 | 8.17 | 98.5 | 2029-09-10 | B+ | USD | 500MM | |
| 6 | Fairfax India Holdings Corporation | …AA69 | 5 | 7.936 | 96.35 | 2028-02-26 | 2027-12-26 | No Rating | USD | 500MM |
| 7 | Sammaan Capital Ltd. | …9400 | 8.95 | 7.818 | 101.88 | 2028-08-28 | BB- | USD | 300MM | |
| 8 | Sammaan Capital Ltd. | …2053 | 9.7 | 7.746 | 101.25 | 2027-07-03 | BB- | USD | 306MM | |
| 9 | IIFL Finance Ltd. | …ET83 | 8.75 | 7.563 | 101.88 | 2028-07-24 | B+ | USD | 412MM | |
| 10 | Muthoot Finance Ltd. | …2E07 | 6.375 | 7.443 | 96.875 | 2030-03-02 | BB+ | USD | 750MM |
Results are limited to USD bonds with an amount outstanding of at least USD 200MM.