KIIFB raises Rs 2,150 cr via masala bonds
Kerala Infrastructure Investment Fund Board (KIIFB), a state government agency, Friday said it has raised Rs 2,150 crore through its debut masala bond issue. This is not just the first offshore capital market issuance from a state-level entity from India ever, but also the largest dual currency issue by a sub-sovereign backed entity from entire emerging markets and Asia, KIIF said in a statement. The transaction was priced on March 26, 2019 and saw strong participation from a wide spectrum of investors which included asset managers... Читать дальше...