Kotak raises $650 mn in debut dollar bond sale

Benchmarks Nifty24,154.90-132.75FEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return23.3 % Invest NowEnter search text:HomeETPrimeMarketsMarket DataNewsIndustrySMEPoliticsWealthMFTechAICareersOpinionNRIPanache Powered By The Economic Times daily newspaper is available online now. Read Today's Paper Kotak Mahindra Bank raises $650 million in debut dollar bond saleSECTIONSKotak Mahindra Bank raises $650 million in debut dollar bond saleBy Joel Rebello, ET BureauLast Updated: Aug…

FinanceAugust 19, 2026News Info Wire3 min read

Kotak raises $650 mn in debut dollar bond sale

Benchmarks

Nifty24,154.90-132.75

FEATURED FUNDS

★★★★★

Motilal Oswal Midcap Fund Direct-Growth

5Y Return

23.3 %

Invest Now

Enter search text:

Home

ETPrime

Markets

Market Data

News

Industry

SME

Politics

Wealth

Tech

Careers

Opinion

NRI

Panache

The Economic Times daily newspaper is available online now.

Read Today’s Paper

Kotak Mahindra Bank raises $650 million in debut dollar bond sale

SECTIONS

Kotak Mahindra Bank raises $650 million in debut dollar bond sale

Joel Rebello

Font Size

AbcSmall

AbcMedium

AbcLarge

Save

Synopsis

Kotak Mahindra Bank raised $650 million through its debut five-year dollar bond, pricing notes at 108 basis points over US Treasuries. Strong demand from Asian and European investors assisted tighten pricing from initial guidance, with orders reaching $2.1 billion.

ETMarkets.com

Kotak Mahindra Bank’s first international dollar bond drew strong institutional demand, enabling tighter pricing and highlighting investor confidence in the lender’s credit profile.

Kotak Mahindra Bank raised $650 million in its debut dollar bond issue from investors in Asia and Europe on Tuesday, pricing the five-year notes at 108 basis points over the benchmark five-year US treasury, residents familiar with the details said.

The pricing was tighter than the bank’s initial guidance of 135 basis points. One basis point is 0.01 percentage point.

Bonds Corner

Sebi to soon float consultation paper on distribution framework for corporate bonds

Sebi is preparing to unveil a consultation paper focused on the distribution of corporate bonds. This initiative aims to refine the framework governing corporate bond sales and is evaluating further distributor categories to broaden debt market participation. While technological advancements are set to enhance transparency and efficiency in bond investments.

, with the rise of online platforms, retail investors will gain improved access to privately placed bonds.

Four Indian private banks eye dollar debt before RBI swap window deadline, bankers say

India 10-year bond gives up post-policy gains as oil moves, RBI swap pullback weigh

Euro zone bonds join global selloff, long-end yields at multi-year highs

Bond markets from US to Japan whacked as inflation and fiscal worries take hold

Browse all Bonds News with

Live Events

Add Now!

kotak mahindra bankKotak Mahindra BankKotak dollar bond$650 million bond issuedebut dollar bondIndian bank bondsUS Treasury yieldsKotak bond pricingS&P BBB ratingglobal investors

(What’s moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Top Trending Stocks: SBI Share Price, Axis Bank Share Rate, HDFC Bank Share Price, Infosys Share Rate, Wipro Share Price, NTPC Share Rate

(You can now subscribe to our ETMarkets WhatsApp channel)

Kotak mahindra bankKotak Mahindra BankKotak dollar bond$650 million bond issuedebut dollar bondIndian bank bondsUS Treasury yieldsKotak bond pricingS&P BBB ratingglobal investors

Power shift, a déjà vu: Air India could be new CEO’s toughest flight yet

The Nifty doesn’t predict India. It records it

ET Prime special series: Bigger or Better? Bharat Electronics’ 2013 to 2026 journey – Part 2

Will Uncle Sam’s 100% tariff threat stop India’s Russian oil imports?

ET Prime special series: Bigger or Better? Bharat Electronics’ 2013 to 2026 journey – Part 1

View all Stories

Enter search text:

BrowseCompanies:

ABCDEFGHIJKLMNOPQRSTUVWXYZ

123456789