Question
Which financial institution raised ₹6,252 crore
through bonds in the recent bond market activity?Solution
Power Finance Corporation (PFC) raised ₹6,252 crore through bonds with 10-year and 15-year maturities at 7.10% and 7.11%, respectively. This reflects a strong activity in the bond market, highlighting the demand for high-yielding AAA-rated bonds.
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