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 IST
HDFC 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 IST
HDFC masala bond issue credit positive: Moody's
HDFC Ltd's issue of Rs 3,000 crore rupee-denominated bond in overseas market is credit positive as it will help determine benchmark pricing for potential issuers including PSUs like IRFC, REC and PFC, Moody's Investors Service said Tuesday.
Jul 19, 2016, 11:32 AM IST
