Question

__________ has raised ₹6,598 crore through the issuance of bonds wherein it has raised ₹3,500 crore through 10-year bonds at a coupon of 7.60% and ₹2,500 crore via three-year bonds at 7.64%.

A Power Finance Corporation Correct Answer Incorrect Answer
B REC Ltd Correct Answer Incorrect Answer
C NTPC Ltd Correct Answer Incorrect Answer
D ONGC Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

  Power Finance Corporation raised ₹6,598 crore through the issuance of bonds.   The state-owned power financier raised ₹3,500 crore through 10-year bonds at a coupon of 7.60% and ₹2,500 crore via three-year bonds at 7.64%.

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