Tranche Current Affairs, GK & News

Pakistan approves issuance of ‘Panda bond’

The Pakistan Cabinet has recently approved the issuance of first-ever Chinese renminbi-denominated bonds to raise loans from China’s capital markets. The Panda bonds will be denominated in Chinese yuan. It is expected that the possible transaction size of bonds will be equivalent to $500 million in two different tranches. They will help the government diversify ..

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India signs loan agreement with ADB to improve rail infrastructure

The Government of India (GoI) and the Asian Development Bank (ADB) have signed a $120 million loan agreement for completion of works for double-tracking and electrification of railways tracks along high-density corridors to improve operational efficiency of Indian railways. The tranche 3 loan is part of the $500 million multi-tranche financing facility for Railway Sector ..

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India signs amount of 2nd loan agreement with New Development Bank (NDB) for Rajasthan Water Project

India has signed the second loan agreement of $100 million with New Development Bank (NDB) for Rajasthan Water Sector Restructuring Project for Desert Areas on 13th February 2018 at New Delhi. This is the first tranche loan approved by the NDB under the Multi Tranche Financing Facility of $345 Million for this project. The project ..

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