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Green Masala bond listing by IREDA spices up SGX

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Published Wed, Oct 11, 2017 · 09:50 PM

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Singapore

SINGAPORE Exchange on Wednesday welcomed the latest "Masala" - or rupee-denominated - green bond listing by the Indian Renewable Energy Development Agency (IREDA).

IREDA raised 19.5 billion rupees, or S$405.43 million, through a five-year green rupee-denominated bond, offering an annualised coupon of 7.125 per cent.

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