Green bond debut sees strong demand

Credit: IndiaTimes- Published on November 10, 2023
The maiden auction to issue sovereign green bond (SGrB) saw strong demand from investors on Friday. The total demand was at Rs 12,464 crore against Rs 5,000 crore on offer. The cut-off yield for the five-year bonds was 7.25%, RBI data showed.While announcing its gilt auction calendar for the second half of the current fiscal, the...

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