HDFC to raise up to Rs 500 crore via masala bonds
The rupee-denominated bonds or masala bonds are instruments through which Indian entities can raise funds by accessing overseas capital markets, while the bond investors hold the currency risk.
Oct 13, 2016, 11:16 AM ISTHDFC issues world's first Masala bond listing in LSE
HDFC, India's largest private sector mortgage lender, Monday raised Rs 30 billion by issuing the world's first ever "Masala" or rupee-denominated bond outside India in London Stock Exchange, a landmark event that will boost economic ties between India and the UK post Brexit.
Aug 01, 2016, 18:43 PM ISTHDFC to raise $750 mn via Masala bonds
In a first by any private sector Indian company, country's largest mortgage lender HDFC will issue USD 750 million rupee-denominated bonds, also known as 'Masala' bonds, to overseas investors to improve financing prospects for domestic infrastructure projects.
Nov 13, 2015, 00:17 AM IST