ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    State-run Power Finance Corporation has raised _______

    through the issuance of three-year bonds at a rate of interest of 7.37%.
    A Rs.2750 crore Correct Answer Incorrect Answer
    B Rs.2820 crore Correct Answer Incorrect Answer
    C Rs.2990 crore Correct Answer Incorrect Answer
    D Rs.3080 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ┬а State-run Power Finance Corporation has raised тВ╣2,990 crore through the issuance of three-year bonds at a rate of interest of 7.37%. ┬а The power sector financier had planned to sell up to тВ╣3,000 crore worth of bonds, with the sale having a base size of тВ╣500 crore and a greenshoe option of тВ╣2,500 crore. The bonds will mature in 2026.

    Practice Next
    More Beepedia Questions

    Relevant for Exams:

    ask-question