London Stock Exchange Current Affairs, GK & News

Kerala becomes first Indian state to list Masala Bond in overseas market

On May 17, Kerala became the first sub-sovereign entity in the country to access the international market by listing masala bonds issued through its off-budget mechanism – the Kerala Infrastructure Investment Fund Board (KIIFB). Chief Minister Pinarayi Vijayan has become the debutant head of state in the country to open trading at the London Stock ..

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Kerala to Tap Masala Bond Market

The state-owned Kerala Infrastructure Investment Fund Board (KIIFB) debuted its ‘masala bond’ issue of Rs 2,150 crore at the London Stock Exchange. With the issue, Kerala has become the first Indian state to tap into masala bond market. The proceeds from the bond issue are slated to be used to part-finance the rebuilding of infrastructure ..

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NSE, LSE inks MoU for dual listing of masala bonds

National Stock Exchange of India (NSE) and London Stock Exchange (LSE) have signed Memorandum of Understanding (MoU) to collaborate on creating dual listing route for masala bonds and foreign currency bonds of Indian issuers. Through approval of single listing document, issuer can obtain dual listing on LSE’s International Securities Market and NSE’s GIFT City. It ..

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FTSE SBI Bond Index: India's first bond index series launched by SBI

State Bank of India (SBI) along with FTSE Russell, global index and data provider launched FTSE SBI Bond Index series at London Stock Exchange (LSE). It is India’s first bond index series for overseas investors. It launch follows November 2015 visit of Prime Minister Narendra Modi in UK when letter of intent was signed between ..

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