Question

    In the first issue of fund raising through bonds in

    2023, National Bank for Agriculture and Rural Development (NABARD) has raised close to Rs _______ crore via three-year bonds.
    A 4,050 Correct Answer Incorrect Answer
    B 4,500 Correct Answer Incorrect Answer
    C 5,000 Correct Answer Incorrect Answer
    D 5,250 Correct Answer Incorrect Answer
    E 5,750 Correct Answer Incorrect Answer

    Solution

    In the first issue of fund raising through bonds in 2023, National Bank for Agriculture and Rural Development (NABARD) has raised close to Rs 5,000 crore via three-year bonds. The coupon for the three-year bond was 7.63 per cent. The yield on government bonds with similar maturity was above 7.16 per cent.

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