Question

Under the Credit Enhancement Scheme , which of the

Q: Answer-Under the Credit Enhancement Scheme , which of the following is TRUE?

Explanation IIFCL provides an unconditional and irrevocable partial credit guarantee to Enhance bond ratings to AA or above Enable access to long-term funds from investors like pensioninsurance funds

following is TRUE?

A IIFCL provides full guarantee for bond issuance

B Credit enhancement is limited to 10% of project cost

C Credit enhancement is limited to 10% of project cost

D It is applicable only for government-owned companies

E Bonds must have a maximum tenure of 3 years

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IIFCL Grade A/B

Under the Credit Enhancement Scheme , which of the

Solution

Relevant for Exams: