Tuesday, Oct 15 2024 | Time 02:32 Hrs(IST)
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Business Economy


NABARD Issues India's First AAA Rated INR Social Bonds Worth Rs 1,040 cr

Kolkata, Sep 27 (UNI) The National Bank for Agriculture and Rural
Development (NABARD) issued its inaugural social bonds with a
total size of Rs 1040.50 crore, NABARD said on Wednesday.
This landmark move marks the first externally certified AAA rated INR
social bonds in the country.
Bonds were issued privately to eligible institutional investors on
26th September between 10:30 Am - 11:30 Am.
These bonds are set to be listed on the Bombay Stock Exchange (BSE) on
September 29, 2023.
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