Question
The State Bank of India (SBI) listed foreign currency
bonds of how much amount under its 'Global Medium Note' programme?Solution
As per the information given below, the correct answer is option B. The State Bank of India listed foreign currency bonds of USD 750 million under its USD 10 billion ‘Global Medium Note’ programme to fund its overseas business growth. The funds were raised at India INX’s Global Securities Market (GSM), GIFT International Financial Services Centre in Gujarat. India International Exchange (IFSC) Limited (India INX) is the first international exchange at GIFT IFSC Gujarat. The Bond was issued through SBI’s London Branch to fund offshore business growth and was priced competitively. This demonstrates strong investor confidence in the country’s largest bank and paves the way for a strong pipeline of foreign currency bond issuances this year, it said in a release “The success of the issue highlights the strong investor base SBI has created for itself in the offshore capital markets. The issuance received huge participation from several marquee accounts across geographies resulting in the largest spread compression amongst all USD Indian bond issuances during the current year,” said Dinesh Khara, Chairman, of SBI.
Which of the following is the third sentence of the passage?
Which of the following will be the ‘FIRST’ sentence after the rearrangement ?
Which is the SECOND sentence of the paragraph after rearrangement?
5G (A) technology is set to change the way we connect and communicate. With faster speeds and lower latency, 5G will improve mobile (B)
Which of the following statements is the fifth statement of the paragraph?
Which of the following will be the FIRST sentence after the rearrangement?
- Below are given a few sentences with their parts jumbled in a random order. Below the sentences are given possible rearrangements of the parts. You need to...
Which should be the last sentence after rearrangement?
Which of the following is the third sentence of the passage?
Which of the following should be the THIRD sentence after the rearrangement?