India’s Rural Electrification Corporation Launches Global Medium-Term-Note Program

India’s Rural Electrification Corporation Launches Global Medium-Term-Note Program

The Rural Electrification Corporation (REC), a public sector under the government of India, launched its $5 billion global medium-term-note (GMTN) program on the Global Securities Market (GSM). GSM is a ...
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ADB

NTPC Makes Second Bond Offering for $311.5 Million

The National Thermal Power Corporation (NTPC), a government-owned power utility, has priced its second, rupee-denominated five-year masala bond offering for Rs.20 billion (~$311.5 million), in the international markets on April ...