Latest Updates Around The World
Mumbai: State-run Power Finance Corp (PFC), which scrapped bond sales to select investors late last year, is raising up to ₹5,000 crore of government debt through a more economical bond issue that will run for two weeks from January 16. This sovereign debt issue, comprising an initial offer of ₹500 crore, extendable by up to […]
State-owned Indian Railway Finance Corporation Ltd (IRFC) on Friday said it has raised Rs 2,981 crore through its maiden issuance of zero-coupon bonds to finance railway projects. Proceeds will be used to finance and refinance key infrastructure projects, including ongoing and upcoming rail and related infrastructure initiatives. The issue received an overwhelming response, with bids […]
