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      Question

      SBI lists $300 million via _______based Formosa Bonds on

      India INX?
      A Hong Kong Correct Answer Incorrect Answer
      B South Korea Correct Answer Incorrect Answer
      C Taiwan Correct Answer Incorrect Answer
      D United States Correct Answer Incorrect Answer
      E Germany Correct Answer Incorrect Answer

      Solution

      State Bank of India (SBI) has issued $300 million Formosa bonds and listed the issuance on India INX GIFT IFSC. This is the first such issuance by any Indian Bank in Formosa Bond market. Formosa bond is a bond issued in Taiwan. .

      Yankee Bond : USA
      Matador Bond: Spain
      Samurai Bond: Japan
      Rembrandt bonds: Netherlands
      Panda Bond: China
      Bulldog Bonds: UK

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