Masala bonds: Difference between revisions
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*In August 2016, NTPC, a [[Public sector undertakings|public sector undertaking]], issued the first corporate green masala bonds worth ₹20 billion.<ref>{{Cite news|url=http://economictimes.indiatimes.com/markets/bonds/ntpc-raises-rs-2000-crore-via-green-masala-bonds/articleshow/53529926.cms|title=NTPC raises Rs 2,000 crore via green masala bonds|newspaper=The Economic Times|last1=Das|first1=Saikat}}</ref> |
*In August 2016, NTPC, a [[Public sector undertakings|public sector undertaking]], issued the first corporate green masala bonds worth ₹20 billion.<ref>{{Cite news|url=http://economictimes.indiatimes.com/markets/bonds/ntpc-raises-rs-2000-crore-via-green-masala-bonds/articleshow/53529926.cms|title=NTPC raises Rs 2,000 crore via green masala bonds|newspaper=The Economic Times|last1=Das|first1=Saikat}}</ref> |
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==See also== |
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* [[Bond (finance)#Foreign currencies|Foreign currency denominated bond]] |
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* [[Eurobond (international)|Eurobond]] |
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* [[Dim sum bond]] |
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* [[Samurai bond]] |
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* [[Uridashi bonds]] |
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==Sources== |
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{{reflist}} |
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[[Category:Bonds in foreign currencies]] |
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[[Category:Rupee]] |
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[[Category:Investment in India]] |
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==See also== |
==See also== |
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Latest revision as of 05:33, 18 May 2024
Masala bonds are bonds issued outside India but denominated in Indian rupees. Masala is a Hindi word meaning spices.[1] The term was first used by the International Finance Corporation (IFC) to evoke the culture and cuisine of India.[clarification needed]
Tranches of masala bonds issued
[edit]- The first Masala bond was issued by the World Bank-backed IFC in November 2014 when it raised ₹10 billion (10,00 crore) in bonds to fund infrastructure projects in India.
- In August 2015, the IFC, for the first time, issued green masala bonds and raised ₹3.15 billion to be used for private sector investments that address climate change in India.
- In July 2016 HDFC raised ₹30 billion from Masala bonds and thereby became the first Indian company to issue masala bonds.[2]
- In August 2016, NTPC, a public sector undertaking, issued the first corporate green masala bonds worth ₹20 billion.[3]
See also
[edit]Sources
[edit]- ^ V, NARAYANAN (2020-10-07). "Masala bonds gain currency after a pause". www.thehindubusinessline.com. Retrieved 2022-09-14.
- ^ Roy, Anup (15 July 2016). "HDFC raises Rs 3,000 cr via India's first masala bonds". Business Standard India.
- ^ Das, Saikat. "NTPC raises Rs 2,000 crore via green masala bonds". The Economic Times.