Masala Bond Current Affairs, GK & News

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 ..