Question
Which bank has issued its maiden 10-year Sustainability
Bond and raised USD 1 billion under its Environmental Social Governance (ESG) Framework?Solution
India Exim Bank successfully issued its maiden 10-year Sustainability Bond of USD 1 bn in the 144A/Reg-S format, under its ESG Framework. With this issuance, India Exim Bank became the first Indian issuer to open the markets for dollar and sustainability bond issuances in 2023.
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