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.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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