India's largest power generation company, NTPC Ltd has successfully raised $500 million through benchmark-dollar denominated bond sales in the international debt markets. The 10-year bonds was oversubscribed within an hour and the prices was revised from 230 basis points to 205 basis points above the 10-year US Treasury Bills. Barclays, Citigroup, Deutsche Bank, HSBC and SBI Capital Markets were the lead managers and joint book-runners for the NTPC Bond sales.