Getting the Masala right for an India-UK Bond
‘India Investment Journal’ looks at how Masala Bonds have caught on as a trend, with London Stock Exchange as a preferred hub. The UK government recently welcomed the world’s first ever “Masala” or rupee-denominated bond issued outside India by an Indian corporate being listed on the London Stock Exchange. UK Chancellor Philip Hammond described the "landmark" listing by the Housing Development Finance Corporation (HDFC) as a "major vote of confidence" in London. HDFC became the first company to issue a [...]
