New Delhi: Registered Indian oil has registered foreign currency bonds in the IFSC exchange (International Financial Services Center) in Gujarat International Finance Tec-City (Gifts).
“We are very happy to be here on an important occasion of the Ceremony of the $ 1.4 billion and SGD 400 million in NSE IFSC and Indian Inx exchanges,” Director of India Oil – Finance Sandeep Kumar Gupta was quoted in a statement issued by NSE.
IFSC on Thursday.
According to him, the emergence of IFSC at City Prize has provided an opportunity for Indian companies to access offshore funds in India.
These bonds are registered on the Global Securities Market Platform of India International Exchange (India INX) and the debt effect market platform from the NSE International Exchange (NSE IFSC).
These platforms are launched for listings and trade in debt securities in several foreign currency bonds, green bonds, masala bonds, records, among others.
This platform provides an efficient international list process for issuers with minimum rotation time and investment opportunities for investors from all over the world.
Since the launch of the NSE IFSC debt effect market, the platform has registered the total aggregate medium-term record (MTNS) worth more than $ 22 billion; Also watched a list of aggregate issues to $ 14.12 billion (including green bonds of $ 800 million).
“We increase the Global IFSC competitiveness by developing sustainable financial ecosystems and innovative product offers.
We are committed to providing an eager financial service ecosystem to attract foreign investment to make the Global Financial Hub gift,” Ifsca Manoj, said.
Ravi Varanasi, President, NSE Group said that establishing an international financial service center in India offers a variety of products to raise funds in various currencies and this is the first time the issuer lists currency bonds in the currency in NSE in Singapore.
Bond listings and trade on IFSC will offer cost efficiency and allow publishers to access international investors, he added.
Indian oil includes foreign currency bonds on the IFSC exchange
