Nitin Gadkari launches NHAI's Masala Bond in UK

Posted on:12 May 2017 11:45:19
Nitin Gadkari launches NHAI's Masala Bond in UK
12 May 2017 Current Affairs:

  • Union Minister of Road Transport and Highways Nitin Gadkari launched the National Highways Authority of India (NHAI) Masala Bond at the London Stock Exchange.

  • The rupee-denominated offshore bonds are popularly known as Masala Bonds.

  • According to the London Stock Exchange, there are 38 Masala Bonds currently in the market, raising around 5 billion dollars.

  • The initially benchmarked issue of Rs. 1,500 crore increased to Rs. 3,000 crore at a price yielding 7.30 percent annually from the investor market. 


Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs December 2017

13 DECEMBER
NEWS
12 DECEMBER
NEWS
11 DECEMBER
NEWS
10 DECEMBER
NEWS

Current Affairs November 2017

30 NOVEMBER
NEWS
29 NOVEMBER
NEWS
28 NOVEMBER
NEWS
27 NOVEMBER
NEWS

Current Affairs October 2017

31 OCTOBER
NEWS
30 OCTOBER
NEWS
29 OCTOBER
NEWS
28 OCTOBER
NEWS