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.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. Nabardās base issue size was Rs 1,000 crore, and a green shoe option of another Rs 2,000 crore.
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