Bonds issued by Indian institutions abroad with Rupee as the underlying denomination.

Discussion in 'Banking' started by Erik Lensherr, Aug 25, 2017.

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  1. Erik Lensherr

    Erik Lensherr Member

    Bonds issued by Indian institutions abroad with Rupee as the underlying denomination.
     
  2. Does American depository reciept be an eg for masala bonds issued by Indian co.?
     
  3. Erik Lensherr

    Erik Lensherr Member

    No. Bonds by definition require interest payment. ADR's are more like equity hence they don't have any interest payment.
     
  4. Tushar Gupta

    Tushar Gupta New Member

    Bonds marinated with masala n kept for 3 days before selling You can use this or google it
     
  5. Indian masala bonds are traded only at London Stock Exchange as of now.HDFC is the first entity who launched masala bonds from India.
     
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