Page-2 of Masala bonds Current Affairs, GK & News

RBI allows multilateral FIs to invest in masala bonds

The Reserve Bank of India (RBI) has permitted multilateral and regional financial institutions (FIs) to invest in ‘masala bonds’, rupee denominated bonds issued by Indian entities. This decision will allow multilateral agencies like Asian Development Bank (ADB) and BRICS led New Development Bank (NDB) to invest in these bonds. It also provides more choices of ..

Month: 

Topics: 

Canada’s British Columbia becomes first foreign government to issue masala bonds

Canada’s British Columbia province has become the first foreign government to issue of masala bonds, a rupee-denominated bond. It had issued Rs 500 crore rupee denominated overseas bonds (masala bond) on the London Stock Exchange (LSE) and successfully raised $75 million (about Rs 500 crore). British Columbia’s issued masala bond was priced to yield 6.62 ..

Month: 

Topics: 

IFC launches Uridashi Masala Bonds

The International Finance Corporation (IFC), the investment arm of the World Bank has launched its first Uridashi Masala Bonds (Japanese bonds). These masala bonds were launched to mobilise 30 crore rupees from Japanese retail investors and will be sold to Japanese household investors. The proceeds from these bonds will be used for promoting private sector ..

Month: 

Topics: