Page 15 - Digi notes general awareness
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IFC launches Masala Bonds to tap Japanese households
International Finance Corporation (IFC) launched its first Uridashi Masala Bonds
(Japanese bonds) to mobilise Rs 30 crore from Japanese retail investors.
The proceeds will be used for promoting private sector development in India, IFC said.
The bonds will be settled in yen and each bond is denominated at Rs 1, 00,000, the IFC
said, adding that the bonds will be issued on March 30, 2016 and mature on March 29,
2019 with an annual payout of 5.36 per cent.
Masala Bonds are rupee-denominated instruments sold only to offshore investors, while
Uridashi bonds are sold to Japanese household investors.
India at 90th rank in terms of energy security, access: WEF
India has been ranked at the 90th place in a list of 126 countries compiled by World
Economic Forum (WEF) on the basis of their ability to deliver secure, affordable and
sustainable energy, which was topped by Switzerland.
www.mahendraguru.com
IFC launches Masala Bonds to tap Japanese households
International Finance Corporation (IFC) launched its first Uridashi Masala Bonds
(Japanese bonds) to mobilise Rs 30 crore from Japanese retail investors.
The proceeds will be used for promoting private sector development in India, IFC said.
The bonds will be settled in yen and each bond is denominated at Rs 1, 00,000, the IFC
said, adding that the bonds will be issued on March 30, 2016 and mature on March 29,
2019 with an annual payout of 5.36 per cent.
Masala Bonds are rupee-denominated instruments sold only to offshore investors, while
Uridashi bonds are sold to Japanese household investors.
India at 90th rank in terms of energy security, access: WEF
India has been ranked at the 90th place in a list of 126 countries compiled by World
Economic Forum (WEF) on the basis of their ability to deliver secure, affordable and
sustainable energy, which was topped by Switzerland.
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