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NABARD raises Rs 1,000 crore in country's first social impact bond

NABARD accepted bids worth 10.40 billion rupees ($124.9 million), the bankers said, declining to be identified as they are not authorised to speak to the media. NABARD had planned to raise at least 10 billion rupees via this issue, with a greenshoe option to retain an additional 20 billion rupees. The state-run company has set a coupon of 7.63% on this issue. ....

India National Bank , Rural Development , Investment Advisors , National Bank , Primary Dealership , Trust Investment Advisors , Social Impact Bond , 10 Billion Rupees , Energy Efficiency , Vanilla Bonds , Green Bond , Oak Capital ,

India's NABARD raises $124.9mln in country's first social impact bond

India's NABARD raises $124.9mln in country's first social impact bond
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