HDFC Bank becomes India’s first lender to exclusively list $1 billion AT1 bonds in IFSC
HDFC Bank on August 26 became the first Indian lender to exclusively register TIER-I (AT1) TIER-I (IFSC) bonds.
"The main list of HDFC in 1 bonds shows the competitiveness of IFSC exchanges; India Inx and NSE IFC international. This is a major milestone for IFSC gifts on onshoring offshore financial services for Indian entities," said Executive Director of Ifsca Manoj Kumar was quoted as saying in broadcast The press released by Inx Inx, BSE International ARM.
The Global Securities Market (GSM), Inx Inx's main market platform, has generated significant interest since it was founded in 2018 and has more than $ 55 billion medium-term records set and more than $ 28 billion from bonds.
In particular, HDFC Bank on August 18 launched a bond problem of $ 1 billion AT1 and was able to cover prices...