HDFC Bank's additional masala bonds get listed on NSE IFSC's platform

NSE International Exchange (NSE IFSC) on Friday said it has listed HDFC Bank's additional masala bonds on its debt securities market platform.

HDFC bank
Photo: Bloomberg
Press Trust of India New Delhi
1 min read Last Updated : Oct 01 2021 | 7:17 PM IST

NSE International Exchange (NSE IFSC) on Friday said it has listed HDFC Bank's additional masala bonds on its debt securities market platform.

NSE IFSC is a wholly-owned subsidiary of the National Stock Exchange (NSE).

The private lender's additional Tier 1 (AT1) masala bonds got listed on the debt securities market platform.

"HDFC Bank has raised Rs 739 crores under USD 3 Billion Medium Term Note Programme," NSE IFSC said in a release.

Since the launch of NSE IFSC Debt Securities Market (DSM), it has listed total aggregate medium-term notes worth over USD 31 billion and listed bonds worth more than USD 17 billion, it added.

This also includes USD 1.75 billion worth of green and sustainable bonds.

NSE IFSC launched DSM for listing and trading of debt securities in multiple foreign currency bonds, green bonds, masala bonds, notes, among others, on March 16, 2018.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :HDFCNSEmasala bonds

First Published: Oct 01 2021 | 7:17 PM IST

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