FOCUS: INDIA Masala Bond Promotes Internationalization of the RupeeThe International Finance Corporation (IFC) sold its first rupee-denominated bonds in London in...Platt, Gordon
He said the issuance will come after the bank is rated by international rating agencies. Between 300 million and 500 million U.S. dollars of rupee-denominated masala bonds will be issued after July, Kamath added. Masala bonds are rupee-denominated bonds issued outside India. Kamath said the N...
Masala bonds or rupee-denominated bonds are a recent development in the Indian bond market which has the capability of attracting both investors and issuers. Unlike other debt instruments which raise funds from Indian investors, masala b... R Jatana,M Barodawala - 《Ethics & Sustainability in Ac...