CP Issued on 16 Nov 2018: 11,500 cr. worth
Today, the CP Market was vibrant with Rs. 11,552 cr. in primary commercial paper issued. Highlights:
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Home fin companies aren’t issuing much - Piramal and CAPF issued a little.
-
Other NBFCs issued over 4700 cr. with Bajaj Finance at 1900 cr. issued, with yields less than 8%!
-
Shriram Transport issued about 600 cr. at 8.45%
-
Market brokers (like Karvy) are getting rates higher than 10% but other than that, everyone’s between 8% and 10%.
-
Market’s active. Strong demand for credit means high yields but there continues to be enough activity.
-
We’ll track this till end-November
List of CP issued 16 Nov 2018:
Date
Mat Date
Issuer Name
Sett Type
Trades
Issue Amt Cr.
Yield Range
Price Range
Price
Yield
Days to Maturity
16-11-2018
04-Feb-19
RELIANCE JIO INFOCOMM LIMITED
T+0
2
1,450.00
7.5002 - 7.5002
98.3827 - 98.3827
98.3827
7.5002
80
16-11-2018
15-Feb-19
SHRIRAM TRANSPORT FINANCE COMPANY LIMITED
T+0
1
705
8.4500 - 8.4500
97.9368 - 97.9368
97.9368
8.45
91
16-11-2018
18-Jan-19
AZIM PREMJI TRUST
T+0
1
625
8.0499 - 8.0499
98.6296 - 98.6296
98.6296
8.0499
63
16-11-2018
15-Feb-19
BAJAJ FINANCE LIMITED
T+0
1
600
7.8502 - 7.8502
98.0804 - 98.0804
98.0804
7.8502
91
16-11-2018
31-Jan-19
BAJAJ FINANCE LIMITED
T+0
1
500
7.8498 - 7.8498
98.3918 - 98.3918
98.3918
7.8498
76
16-11-2018
18-Jan-19
ULTRATECH CEMENT LIMITED
T+0
1
500
7.3200 - 7.3200
98.7523 - 98.7523
98.7523
7.32
63
16-11-2018
04-Feb-19
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
T+0
1
500
7.5000 - 7.5000
98.3827 - 98.3827
98.3827
7.5
80
16-11-2018
15-Jan-19
ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED
T+0
2
475
7.7000 - 7.7200
98.7469 - 98.7501
98.7489
7.7074
60
16-11-2018
18-Jan-19
HERO FINCORP LIMITED
T+0
1
400
8.2001 - 8.2001
98.6044 - 98.6044
98.6044
8.2001
63
16-11-2018
18-Jan-19
BAJAJ FINANCE LIMITED
T+0
1
400
7.8499 - 7.8499
98.6632 - 98.6632
98.6632
7.8499
63
16-11-2018
22-Jan-19
BAJAJ FINANCE LIMITED
T+0
1
400
7.8501 - 7.8501
98.5795 - 98.5795
98.5795
7.8501
67
16-11-2018
28-Dec-18
INDIA INFOLINE FINANCE LIMITED
T+0
1
275
8.7500 - 8.7500
99.0032 - 99.0032
99.0032
8.75
42
16-11-2018
14-Feb-19
UNITED SPIRITS LIMITED
T+0
1
200
7.8500 - 7.8500
98.1011 - 98.1011
98.1011
7.85
90
16-11-2018
31-Jan-19
EDELWEISS COMMODITIES SERVICES LIMITED
T+0
1
200
9.9000 - 9.9000
97.9803 - 97.9803
97.9803
9.9
76
16-11-2018
14-Jan-19
HERO FINCORP LIMITED
T+0
1
200
7.9198 - 7.9198
98.7360 - 98.7360
98.736
7.9198
59
16-11-2018
15-Feb-19
TMF HOLDINGS LIMITED
T+0
1
200
8.3499 - 8.3499
97.9607 - 97.9607
97.9607
8.3499
91
16-11-2018
28-Dec-18
ASHOK LEYLAND LIMITED
T+0
1
200
7.1000 - 7.1000
99.1896 - 99.1896
99.1896
7.1
42
16-11-2018
31-Dec-18
ASHOK LEYLAND LIMITED
T+0
1
200
7.1000 - 7.1000
99.1323 - 99.1323
99.1323
7.1
45
16-11-2018
15-Jan-19
CENTURY TEXTILES AND INDUSTRIES LIMITED
T+0
1
200
7.4800 - 7.4800
98.7853 - 98.7853
98.7853
7.48
60
16-11-2018
15-Feb-19
BAHADUR CHAND INVESTMENTS PRIVATE LIMITED
T+0
1
200
8.3002 - 8.3002
97.9726 - 97.9726
97.9726
8.3002
91
16-11-2018
14-Feb-19
CAPITAL FIRST LIMITED
T+0
3
175
9.3202 - 9.3202
97.7535 - 97.7535
97.7535
9.3202
90
16-11-2018
14-Jan-19
TGS INVESTMENT AND TRADE PRIVATE LIMITED
T+0
1
150
8.5200 - 8.5200
98.6415 - 98.6415
98.6415
8.52
59
16-11-2018
13-Feb-19
TMF HOLDINGS LIMITED
T+0
1
150
8.3500 - 8.3500
98.0046 - 98.0046
98.0046
8.35
89
16-11-2018
16-Jan-19
BAHADUR CHAND INVESTMENTS PRIVATE LIMITED
T+0
1
150
8.0999 - 8.0999
98.6644 - 98.6644
98.6644
8.0999
61
16-11-2018
14-Feb-19
MAGMA FINCORP LIMITED
T+0
1
150
9.7501 - 9.7501
97.6523 - 97.6523
97.6523
9.7501
90
16-11-2018
24-Dec-18
HT MEDIA LIMITED
T+0
1
145
7.3100 - 7.3100
99.2447 - 99.2447
99.2447
7.31
38
16-11-2018
31-Jan-19
ICICI SECURITIES LIMITED
T+0
4
125
8.2301 - 8.2500
98.3112 - 98.3152
98.312
8.246
76
16-11-2018
30-Jan-19
DCM SHRIRAM LIMITED
T+0
2
110
7.7500 - 7.7500
98.4325 - 98.4325
98.4325
7.75
75
16-11-2018
14-Feb-19
KRBL LIMITED
T+0
1
100
8.2000 - 8.2000
98.0182 - 98.0182
98.0182
8.2
90
16-11-2018
15-Jan-19
GODREJ CONSUMER PRODUCTS LIMITED
T+0
1
100
7.3900 - 7.3900
98.7998 - 98.7998
98.7998
7.39
60
16-11-2018
15-Feb-19
WELSPUN INDIA LIMITED
T+0
1
100
8.7500 - 8.7500
97.8651 - 97.8651
97.8651
8.75
91
16-11-2018
15-Jan-19
UNITED SPIRITS LIMITED
T+0
1
100
7.6300 - 7.6300
98.7613 - 98.7613
98.7613
7.63
60
16-11-2018
14-Feb-19
TMF HOLDINGS LIMITED
T+0
1
100
8.3501 - 8.3501
97.9826 - 97.9826
97.9826
8.3501
90
16-11-2018
08-Feb-19
CAPITAL FIRST HOME FINANCE LIMITED
T+0
1
100
9.2799 - 9.2799
97.9090 - 97.9090
97.909
9.2799
84
16-11-2018
15-Feb-19
ADANI TRANSMISSION LIMITED
T+0
1
100
8.3002 - 8.3002
97.9726 - 97.9726
97.9726
8.3002
91
16-11-2018
15-Feb-19
JM FINANCIAL CAPITAL LIMITED
T+0
1
75
10.0000 - 10.0000
97.5675 - 97.5675
97.5675
10
91
16-11-2018
15-Feb-19
EDELWEISS COMMODITIES SERVICES LIMITED
T+0
1
75
9.9000 - 9.9000
97.5912 - 97.5912
97.5912
9.9
91
16-11-2018
31-Jan-19
KEC INTERNATIONAL LIMITED
T+0
1
75
8.2800 - 8.2800
98.3052 - 98.3052
98.3052
8.28
76
16-11-2018
15-Feb-19
GODREJ PROPERTIES LIMITED
T+0
1
75
7.9999 - 7.9999
98.0445 - 98.0445
98.0445
7.9999
91
16-11-2018
20-Dec-18
PIRAMAL CAPITAL AND HOUSING FINANCE LIMITED
T+0
1
75
8.1000 - 8.1000
99.2511 - 99.2511
99.2511
8.1
34
16-11-2018
12-Feb-19
TATA MOTORS FINANCE LIMITED
T+0
1
50
8.3499 - 8.3499
98.0266 - 98.0266
98.0266
8.3499
88
16-11-2018
14-Feb-19
TATA STEEL PROCESSING AND DISTRIBUTION LTD.
T+0
1
50
8.2999 - 8.2999
97.9945 - 97.9945
97.9945
8.2999
90
16-11-2018
20-Dec-18
BAJAJ ELECTRICALS LIMITED
T+0
1
50
8.4800 - 8.4800
99.2163 - 99.2163
99.2163
8.48
34
16-11-2018
26-Dec-18
BAJAJ ELECTRICALS LIMITED
T+0
1
50
8.5000 - 8.5000
99.0771 - 99.0771
99.0771
8.5
40
16-11-2018
27-Dec-18
BAJAJ ELECTRICALS LIMITED
T+0
1
50
8.5000 - 8.5000
99.0542 - 99.0542
99.0542
8.5
41
16-11-2018
24-Dec-18
PIRAMAL ENTERPRISES LIMITED
T+0
1
50
7.8000 - 7.8000
99.1945 - 99.1945
99.1945
7.8
38
16-11-2018
27-Dec-18
WELSPUN CORP LIMITED
T+0
1
50
8.0900 - 8.0900
99.0994 - 99.0994
99.0994
8.09
41
16-11-2018
17-Dec-18
PVR LIMITED
T+0
1
50
7.4000 - 7.4000
99.3754 - 99.3754
99.3754
7.4
31
16-11-2018
11-Feb-19
TORRENT POWER LIMITED
T+0
1
50
8.2002 - 8.2002
98.0829 - 98.0829
98.0829
8.2002
87
16-11-2018
14-Jan-19
REDINGTON INDIA LIMITED
T+0
1
50
7.8200 - 7.8200
98.7517 - 98.7517
98.7517
7.82
59
16-11-2018
14-Jan-19
TVS CREDIT SERVICES LIMITED
T+0
1
50
9.2501 - 9.2501
98.5268 - 98.5268
98.5268
9.2501
59
16-11-2018
14-Jan-19
TRAPTI TRADING AND INVESTMENTS PRIVATE LIMITED
T+0
1
50
8.5200 - 8.5200
98.6415 - 98.6415
98.6415
8.52
59
16-11-2018
07-Feb-19
UNITED SPIRITS LIMITED
T+0
1
45
7.8500 - 7.8500
98.2462 - 98.2462
98.2462
7.85
83
16-11-2018
31-Dec-18
IIFL MANAGEMENT SERVICES LIMITED
T+0
1
40
9.5000 - 9.5000
98.8423 - 98.8423
98.8423
9.5
45
16-11-2018
15-Jan-19
BLUE STAR LIMITED
T+0
1
25
7.4900 - 7.4900
98.7837 - 98.7837
98.7837
7.49
60
16-11-2018
26-Dec-18
WELSPUN INDIA LIMITED
T+0
1
25
8.0000 - 8.0000
99.1309 - 99.1309
99.1309
8
40
16-11-2018
18-Jan-19
ADITYA BIRLA MONEY LIMITED
T+0
1
25
8.5500 - 8.5500
98.5457 - 98.5457
98.5457
8.55
63
16-11-2018
15-Jan-19
ADITYA BIRLA MONEY LIMITED
T+0
1
25
8.5500 - 8.5500
98.6140 - 98.6140
98.614
8.55
60
16-11-2018
11-Feb-19
S. D. CORPORATION PRIVATE LIMITED
T+0
1
25
10.5000 - 10.5000
97.5584 - 97.5584
97.5584
10.5
87
16-11-2018
14-Nov-19
KOTAK MAHINDRA INVESTMENTS LIMITED
T+0
1
25
9.2500 - 9.2500
91.5757 - 91.5757
91.5757
9.25
363
16-11-2018
13-Feb-19
ADANI TRANSMISSION LIMITED
T+0
1
25
8.3000 - 8.3000
98.0163 - 98.0163
98.0163
8.3
89
16-11-2018
16-Jan-19
KARVY STOCK BROKING LIMITED
T+0
2
12
11.3001 - 11.3001
98.1465 - 98.1465
98.1465
11.3001
61
16-11-2018
11-Nov-19
IIFL WEALTH FINANCE LIMITED
T+0
4
10.85
9.5000 - 9.5000
91.4329 - 91.4329
91.4329
9.5
360
16-11-2018
14-Feb-19
KOTAK COMMODITY SERVICES PRIVATE LIMITED
T+0
1
10
9.0000 - 9.0000
97.8290 - 97.8290
97.829
9
90
Total
11552.85
Watch this space. Things are getting better.