HDFC & NHAI may Raise 10k-cr in Masala Bonds

The Economic Times - - Smart -

bond mar­ket,” he said.

One al­lur­ing fac­tor is the rel­a­tive sta­ble ex­change rate as global in­vestors, in­clud­ing hedge funds and pri­vate banks, are sup­posed to take the cur­rency fluc­tu­a­tion risk on such in­vest­ments un­like in dol­lar-de­nom­i­nated bonds where is­suers take the same. “We have signed con­tracts worth Rs 5 lakh crore for in­fra­struc­ture, roads, ports….we are re­ceiv­ing good re­sponse for the pub­lic-pri­vate part­ner­ship, build-op­er­ate-trans­fer and hy­brid an­nu­ity (mod­els),” Nitin Gad­kari, road trans­port, high­way and ship­ping min­is­ter had said a few days ago. EoM.

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