While the size and coupon will be finalised depending upon investor interest, the bond could be priced at 6%, according to a bond trader. REC’s $450 million green bond due 2027 is trading at a yield of 5.85%.
The Indian equity market saw a decline on Friday, ending a lackluster trading week as geopolitical tensions and rising crude oil prices loomed over Dalal
The Reserve Bank of India has moved the FCNR(B) deposit deadline to August 31 in response to better-than-expected foreign currency inflows. This adjustment follows a
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