Masala bonds

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Masala bonds are bonds issued outside India but denominated in Indian rupees. Masala is a Hindi word meaning spices. [1] The term was first used by the International Finance Corporation (IFC) to evoke the culture and cuisine of India.[ clarification needed ]

Contents

Tranches of masala bonds issued

See also

Sources

  1. V, NARAYANAN (2020-10-07). "Masala bonds gain currency after a pause". www.thehindubusinessline.com. Retrieved 2022-09-14.
  2. Roy, Anup (15 July 2016). "HDFC raises Rs 3,000 cr via India's first masala bonds". Business Standard India.
  3. Das, Saikat. "NTPC raises Rs 2,000 crore via green masala bonds". The Economic Times.