Masala bonds are issued outside India but denominated in Indian rupees, rather than the local currency. NTPC’s offer include the rupee denominated Rs 2,000-crore 7.375% notes issued on 10 August 2016, payable In USD and due on 10 August 2021 (”2021 notes”). The offer also includes rupee denominated Rs 2,000-crore 7.25% notes issued on 3 […]
IMC’s First: Green Masala Bonds To Fund Solar Plant
The corporation aims to raise Rs450 crore through rupee denominated bonds or Masala Bonds for the project. A high-level meeting was also held in Bhopal on Monday to finalize a decision. Indore: Indore Municipal Corporation (IMC) is contemplating on releasing Green Masala Bonds to raise funds for a mega solar power plant project mooted to […]
IMC’s first: Green Masala Bonds to fund solar plant
INDORE: Indore Municipal Corporation (IMC) is contemplating on releasing Green Masala Bonds to raise funds for a mega solar power plant project mooted to reduce its monthly power consumption. The corporation aims to raise Rs450 crore through rupee denominated bonds or Masala Bonds for the project. A high-level meeting was also held in Bhopal on […]