LIC Housing Finance Ltd., founded in 1989 and headquartered in Mumbai, India, is a leading mortgage finance company dedicated to providing affordable housing solutions to the population. The company focuses on offering various financial products such as home loans, loan against property, and construction finance, catering to the needs of retail and corporate clients alike.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
LIC Housing Finance has been active in the bond market since its early years, with significant bond issuances enhancing its capital base. Notable moments include its inaugural bond issue in 1995, which established its presence in the debt markets. Recently, the company issued a ?1,000 crore bond with a yield of around 7.60%, attracting strong interest amid a competitive landscape. The bonds often come with a strong credit rating, reflecting the company's solid financial standing, and have been a popular choice among retail investors looking for stable returns in the housing finance sector.