इंडियन आवाज़     23 Sep 2018 02:02:12      انڈین آواز

BSE’s India International Exchange lists IRFC’s first green bond

Bombay-Stock-ExchangeThe Bombay Stock Exchange (BSE)’s India International Exchange listed the first bond on its Global Securities Market yesterday.

The bonds issued by Indian Railways Finance Corporation (IRFC) are one of the highest credit rated bonds issued by an Indian corporate and has been IRFC’s first foray into the Green Bond market.

On the occasion of listing the bond, Railways Minister Piyush Goyal said, in the days to come, IRFC is going to expand its footprint into the newer lines of business and will be able to use its Minimum Alternate Tax better.

Mr Goyal also said, the government is seriously considering to change some of the guidelines to monetise the assets of Railways.

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