Masala Bonds

IFC launches masala bonds to mobilise Rs 30 crore

  1. News: International Finance Corporation (IFC), a member of the World Bank group has launched its first Uridashi Masala bonds
  2. Context: Mobilising Rs 30 crore directly from Japanese household investors to promote private sector development in India
  3. Investment: 3-year bond builds on IFC’s Masala bond programme, which has raised the equivalent of $1.7 billion from international investors for investment in India
  4. Used for: Proceeds from IFC’s Uridashi Masala bonds will be used to support private sector investment in India
  5. Uridashi bonds are sold to Japanese household investors
  1. News: International Finance Corporation (IFC), a member of the World Bank group has launched its first Uridashi Masala bonds
  2. Context: Mobilising Rs 30 crore directly from Japanese household investors to promote private sector development in India
  3. Investment: 3-year bond builds on IFC’s Masala bond programme, which has raised the equivalent of $1.7 billion from international investors for investment in India
  4. Used for: Proceeds from IFC’s Uridashi Masala bonds will be used to support private sector investment in India
  5. Uridashi bonds are sold to Japanese household investors
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments