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    Question

    What is the coupon rate at which Nabard raised ₹4,864

    crore through its bond offering?
    A 7.09% Correct Answer Incorrect Answer
    B 7.14% Correct Answer Incorrect Answer
    C 7.40% Correct Answer Incorrect Answer
    D 7.50% Correct Answer Incorrect Answer
    E 7.60% Correct Answer Incorrect Answer

    Solution

    Nabard raised ₹4,864 crore through a 5-year and 4.5-month bond offering at a coupon rate of 7.40%. Although it was lower than the target of ₹7,000 crore, it indicates efforts to secure tight pricing amidst challenging market conditions.

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