RBI sells first green bonds worth ₹8,000 cr at 5-6 bps below sovereign yields
The Reserve Bank of India (RBI) has auctioned ₹4,000 crore worth five year bond at coupon rate of 7.10 per cent, five basis points below the five-year sovereign yield.
India has sold its first sovereign green bonds worth ₹8,000 crore on Wednesday, the Reserve Bank of India (RBI) said in statement. However, the yields below comparable government bonds.
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more