https://www.taxtmi.com/news?id=11967 International Finance Corporation launched a US dollar-denominated offshore program to issue rupee-linked bonds and issued the inaugural three-year tranche under that program. The offering, with a coupon below prevailing three-year government yields, attracted roughly two times oversubscription from a diversified international investor base and transfers exchange rate risk to investors, aiming to deepen the offshore rupee market and mobilize foreign capital for infrastructure and private sector financing. en-us Wed, 20 Nov 2013 18:48:25 +0530 Wed, 20 Nov 2013 18:48:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11967 International Finance Corporation launched a US dollar-denominated offshore program to issue rupee-linked bonds and issued the inaugural three-year tranche under that program. The offering, with a coupon below prevailing three-year government yields, attracted roughly two times oversubscription from a diversified international investor base and transfers exchange rate risk to investors, aiming to deepen the offshore rupee market and mobilize foreign capital for infrastructure and private sector financing. News - Wed, 20 Nov 2013 18:48:25 +0530 https://www.taxtmi.com/news?id=11967