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    Question

    National Bank for Agriculture and Rural Development

    (Nabard) has raised_______ through its social impact bond, which matures in five years, at a coupon of 7.63 per cent.
    A Rs.1041 crore Correct Answer Incorrect Answer
    B Rs.1100 crore Correct Answer Incorrect Answer
    C Rs.1230 crore Correct Answer Incorrect Answer
    D Rs.1320 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    National Bank for Agriculture and Rural Development (Nabard) has raised Rs 1,041 crore through its social impact bond, which matures in five years, at a coupon of 7.63 per cent. Nabard’s base issue size was Rs 1,000 crore, and a green shoe option of another Rs 2,000 crore.

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