Indian Economy :Masala Bonds

Masala Bonds

Masala bonds are sold overseas but are Denominated in INR instead of local Currency .To Fund Infra Projects and Internationalize Indian Currency These Masala Bonds are Used , which will Improve Internal Borrowings Internationally . The first Such Bond Issued in India in 2016.Indian Companies are Keen to Raise Funds From Such Bonds .Investing in Masala bonds The Foreign Investor will bear the Risk , instead of Indian Entity or Corporate .This Move will Support Indian Rupee. The Minimum Maturity of Masala Bonds are for Five Years . HDFC ,NTPC and India Bulls Housing Finance are the Top Performers Which raised funds via this option.

Author: