Question
________ has issued ₹3,500 crore in the largest sale
of yen bonds (JPY 61 billion) by an Indian company that have been issued in three tranches with tenors of five years, 5.25 years and 10 years respectively.Solution
REC has raised nearly ₹3,500 crore in the largest sale of yen bonds (JPY 61 billion) by an Indian company. The bonds have been issued in three tranches with tenors of five years, 5.25 years and 10 years respectively. On the shorter tenor bonds REC will pay bond holders 1.7% and on the 10-year bond it will pay 2.2%.
Who among these has never been the Chief Economist of World Bank
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